Cohu Expects Q4 Sales Of $95M +/- $7M Vs. $98.192M Consensus
Portfolio Pulse from Benzinga Newsdesk
Cohu anticipates its fourth quarter 2024 sales to be around $95 million, with a possible variation of $7 million, which is slightly below the consensus estimate of $98.192 million.
November 01, 2024 | 11:00 am
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NEGATIVE IMPACT
Cohu's projected Q4 2024 sales are slightly below the consensus estimate, which may lead to a negative short-term impact on its stock price.
Cohu's sales forecast for Q4 2024 is below the consensus estimate, which typically leads to negative sentiment among investors and could result in a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100