Keysight Technologies shares are trading lower after the company issued Q2 EPS and revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Keysight Technologies' shares dropped following the company's announcement of Q2 earnings per share (EPS) and revenue guidance that fell short of analysts' expectations.
February 21, 2024 | 1:37 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Keysight Technologies' stock price is expected to face downward pressure in the short term due to the company's lower-than-expected Q2 EPS and revenue guidance.
Stock prices often react negatively to earnings and revenue guidance that does not meet or exceed market expectations. In this case, Keysight Technologies' announcement of lower-than-expected guidance for Q2 is likely to lead to a decrease in investor confidence and a subsequent drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100