Earnings Preview: Mobileye Global
Portfolio Pulse from Benzinga Insights
Mobileye Global (NASDAQ:MBLY) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.27. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, MBLY's stock price has shown mixed reactions to earnings reports. Shares are currently trading at $28.43, down 23.3% over the last year. The upcoming earnings report could influence the stock's performance, especially if the company's financial results and future outlook differ from market expectations.
January 24, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Mobileye Global is anticipated to report an EPS of $0.27 in its upcoming earnings. Investors will focus on the actual results and guidance for future growth. The stock has experienced a 23.3% decline over the past year and is currently priced at $28.43.
The short-term impact on MBLY's stock will depend on whether the earnings beat or miss the estimates and the nature of the guidance provided. Historically, the stock has shown sensitivity to earnings reports, but the direction of the impact has been inconsistent. The current downward trend in the stock price may set a cautious tone among investors, but a positive surprise in earnings or guidance could lead to a rebound.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100