Arteris's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Arteris (NASDAQ:AIP) is scheduled to release its quarterly earnings report on February 20, 2024, with an expected EPS of $-0.20. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows Arteris's stock price reacts significantly to earnings performance and guidance, with a mixed impact on its share price in past quarters. As of February 15, Arteris shares were trading at $7.8, marking a 24.71% increase over the last 52 weeks.
February 19, 2024 | 8:01 pm
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Arteris is expected to report a quarterly EPS of $-0.20 on February 20, 2024. Historical performance indicates significant stock price reactions to earnings announcements and guidance. Shares have risen 24.71% over the last 52 weeks.
Given Arteris's history of stock price volatility post-earnings announcements, the upcoming report could lead to significant short-term price movements. However, the score is neutral (0) due to the unpredictable nature of market reactions to both the actual earnings outcome and the forward-looking guidance provided by the company.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100