Given LSCC's mixed past earnings performance and the current bearish sentiment indicated by the 16.59% decline in share price over the last year, the short-term impact of the upcoming earnings report is uncertain. While an earnings beat could provide a positive short-term price movement, the company's guidance and the market's reaction to it will be crucial. The historical data shows that even beating the EPS estimate can be followed by a significant drop in share price, as seen in the last quarter.