A Look Ahead: Visteon's Earnings Forecast
Portfolio Pulse from Benzinga Insights
Visteon (NASDAQ:VC) is set to release its quarterly earnings report on October 24, 2024. Analysts estimate an EPS of $1.89. Despite past EPS beats, share prices have sometimes declined, highlighting the importance of future guidance. Visteon has a 'Buy' consensus rating with a potential 39.61% upside based on analyst price targets. The company shows strong revenue growth and profitability compared to peers.
October 23, 2024 | 2:02 pm
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Visteon is expected to report an EPS of $1.89. The company's past performance shows that even with EPS beats, share prices can decline if future guidance is not positive. Analysts have a 'Buy' rating with a 39.61% upside potential, indicating optimism about future performance.
Visteon's earnings report is crucial as it will reveal if the company meets or exceeds the EPS estimate of $1.89. However, the stock price is likely to be more influenced by the company's guidance for future quarters. The 'Buy' rating and significant upside potential suggest positive sentiment among analysts, which could lead to a short-term price increase if the earnings report and guidance are favorable.
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