AVX (AVX) is predicted to ship a year-over-year decline in earnings on decrease revenues when it st
AVX (AVX) is predicted to ship a year-over-year decline in earnings on decrease revenues when it stories outcomes for the quarter ended September 2019. This widely-known consensus outlook provides a great sense of the corporate’s earnings image, however how the precise outcomes evaluate to those estimates is a strong issue that would impression its near-term inventory worth.
The earnings report, which is predicted to be launched on October 28, 2019, would possibly assist the inventory transfer greater if these key numbers are higher than expectations. However, in the event that they miss, the inventory might transfer decrease.
Whereas the sustainability of the instant worth change and future earnings expectations will largely rely upon administration’s dialogue of enterprise situations on the earnings call, it is value handicapping the likelihood of a constructive EPS shock.
Zacks Consensus Estimate
This maker of digital elements is predicted to put up quarterly earnings of $0.24 per share in its upcoming report, which represents a year-over-year change of -44.2%.
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