Harmonic Expects Q2 Adj EPS Of $0.00-$0.05, Est $0.05
Portfolio Pulse from Benzinga Newsdesk
Harmonic Inc. has provided its Q2 adjusted EPS guidance, expecting it to be in the range of $0.00 to $0.05, which is at the lower end of the analyst estimate of $0.05.
April 29, 2024 | 8:58 pm
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Harmonic Inc. expects its Q2 adjusted EPS to range between $0.00 and $0.05, potentially aligning with the lower analyst expectations of $0.05.
Harmonic's guidance for its Q2 adjusted EPS to be between $0.00 and $0.05 suggests a cautious outlook, potentially meeting but not exceeding analyst expectations. This guidance could lead to a neutral short-term impact on HLIT's stock price as it aligns with the lower end of market expectations, indicating neither a positive surprise nor a disappointment. The importance is rated at 75 due to the significance of earnings guidance in investor decision-making, with a high confidence level in the analysis based on the clear guidance provided by the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100