Lantronix's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Lantronix (NASDAQ:LTRX) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $0.03. The company's past performance shows a pattern of share price increases following earnings reports, even when EPS estimates were missed. The stock is currently trading at $4.37 and has seen a 14.58% increase over the last 52-week period.
November 07, 2023 | 7:01 pm
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POSITIVE IMPACT
Lantronix's upcoming earnings report could potentially impact its stock price. The company's history of share price increases following earnings reports, even when EPS estimates were missed, suggests a potential positive impact.
Lantronix's stock price has historically increased following earnings reports, even when the company missed EPS estimates. This pattern suggests that the upcoming earnings report could have a positive impact on the stock price, especially if the company beats the EPS estimate of $0.03.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100