Gilat Satellite Networks's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Gilat Satellite Networks (NASDAQ:GILT) is expected to report an EPS of $0.07 in its upcoming quarterly earnings on 2024-02-26. Historically, GILT has shown a mixed reaction to earnings reports, with share price movements ranging from a 1.5% increase to a 2.0% decrease the day after earnings announcements. Shares are currently trading at $6.32, reflecting an 8.22% increase over the last 52 weeks. Investors are advised to watch for the company's performance against the EPS estimate and any forward-looking guidance provided.
February 23, 2024 | 7:01 pm
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Gilat Satellite Networks is anticipated to report an EPS of $0.07 in its upcoming earnings, with historical data showing mixed share price reactions post-earnings. The stock has gained 8.22% over the past year.
Given GILT's mixed historical share price reactions to earnings reports, the short-term impact is uncertain. The expected EPS of $0.07 and the company's guidance will be key factors influencing investor sentiment and stock price movement. The 8.22% year-over-year stock increase indicates a positive long-term trend, but short-term volatility around earnings announcements is common.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100