Harmonic's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Harmonic (NASDAQ:HLIT) is set to announce its quarterly earnings on October 28, 2024. Analysts expect an EPS of $0.22. The company's past performance shows a positive market reaction when it surpasses EPS estimates. Currently, Harmonic's stock is trading at $14.7, with a 52-week increase of 51.9%. Analysts have a 'Buy' rating with a price target of $18.67, indicating a potential 27.01% upside.
October 25, 2024 | 7:01 pm
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Harmonic is expected to announce its earnings with an EPS estimate of $0.22. The stock has shown significant positive reactions in the past when surpassing estimates. Analysts maintain a 'Buy' rating with a price target of $18.67, suggesting a potential upside.
Harmonic's past earnings beats have led to significant stock price increases, indicating that surpassing the EPS estimate could positively impact the stock price. The 'Buy' rating and price target suggest confidence in future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100