A Look Ahead: Iridium Comms's Earnings Forecast
Portfolio Pulse from Benzinga Insights
Iridium Comms (NASDAQ:IRDM) is set to release its quarterly earnings on October 17, 2024, with analysts expecting an EPS of $0.20. Despite past earnings beats, the stock has experienced price declines. Analysts rate the stock as Neutral with a price target suggesting a 24.71% upside. Iridium shows strong revenue growth and profitability metrics compared to peers.
October 16, 2024 | 2:02 pm
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Iridium Comms is expected to report an EPS of $0.20. Despite past earnings beats, the stock has seen price declines. Analysts rate it Neutral with a potential 24.71% upside. Strong revenue growth and profitability metrics compared to peers.
Iridium Comms is releasing its earnings soon, and while past earnings beats have not led to positive stock price movements, the current analyst rating and price target suggest potential upside. The company's strong revenue growth and profitability metrics compared to peers are positive indicators, but the Neutral rating and past price declines suggest a balanced outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100