Harmonic Sees Q4 Adj EPS $0.33-0.39 vs $0.35 Est; Sees Sales $205.000M-220.000M vs $220.64M Est.
Portfolio Pulse from Benzinga Newsdesk
Harmonic (NASDAQ:HLIT) has provided guidance for Q4 with adjusted EPS expected between $0.33 and $0.39, compared to the analyst estimate of $0.35. The company anticipates sales between $205 million and $220 million, slightly below the $220.64 million estimate.
October 28, 2024 | 8:14 pm
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Harmonic's Q4 guidance shows adjusted EPS between $0.33 and $0.39, slightly below the analyst estimate of $0.35. Sales are projected between $205M and $220M, under the $220.64M estimate.
Harmonic's guidance for Q4 shows both EPS and sales potentially falling short of analyst expectations. This could lead to a negative short-term impact on the stock price as investors may react to the lower-than-expected guidance.
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