Exploring Netgear's Earnings Expectations
Portfolio Pulse from Benzinga Insights
Netgear (NASDAQ:NTGR) is set to release its quarterly earnings report on October 30, 2024. Analysts expect an EPS of $-0.40. Investors are keen on the announcement, especially regarding guidance, which can significantly impact stock prices. In the previous quarter, Netgear beat EPS estimates, resulting in a 3.46% share price increase. Currently, Netgear shares are trading at $20.42, up 67.19% over the past year.
October 29, 2024 | 5:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Netgear is expected to report an EPS of $-0.40 for the upcoming earnings release. Investors are particularly interested in the company's guidance, which could influence stock price movements. In the previous quarter, an EPS beat led to a 3.46% increase in share price.
The upcoming earnings report is crucial for Netgear as it could influence short-term stock price movements. The expected EPS of $-0.40 and the potential for positive guidance are key factors. Historical performance shows that EPS beats have led to stock price increases, suggesting a positive short-term impact if expectations are exceeded.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100