Earnings Outlook For Pixelworks
Portfolio Pulse from Benzinga Insights
Pixelworks (NASDAQ:PXLW) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $-0.11. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. However, the stock has been down 7.64% over the last 52-week period.
November 06, 2023 | 7:02 pm
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Pixelworks is expected to report an EPS of $-0.11 in its upcoming earnings. The company has a history of beating EPS estimates, which has often led to a share price increase. However, the stock has been down 7.64% over the last 52 weeks.
The upcoming earnings report is highly relevant to Pixelworks' stock. While the company has a history of beating EPS estimates, which has often led to a share price increase, the overall negative trend in the stock's performance over the past year may temper any potential positive impact from the earnings report.
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