Earnings Outlook For Pixelworks
Portfolio Pulse from Benzinga Insights
Pixelworks (NASDAQ:PXLW) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts expecting an EPS of $-0.04. The company's past earnings performance shows mixed results with both beats and misses compared to estimates, leading to varied stock price reactions. Shares of Pixelworks were trading at $2.16 as of February 6, showing a 7.73% increase over the last 52 weeks. Investors are looking forward to not just the earnings results but also the company's guidance for future growth.
February 07, 2024 | 8:02 pm
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Pixelworks is expected to report an EPS of $-0.04 for the latest quarter. Historical performance shows mixed results, with the stock price reacting variably to past earnings announcements. Shares have increased by 7.73% over the last 52 weeks.
Given Pixelworks' mixed historical earnings performance and the current positive trend in its stock price, the short-term impact of the upcoming earnings report is uncertain. The company's guidance for future growth will likely play a significant role in influencing investor sentiment and stock price movement.
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RELEVANCE 100