Earnings Outlook For Vicor
Vicor VICR is preparing to release its quarterly earnings on Tuesday, 2024-10-22. Here’s a brief overview of what investors should keep in mind before the announcement.
Analysts expect Vicor to report an earnings per share (EPS) of $0.14.
Anticipation surrounds Vicor’s announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings Track Record
During the last quarter, the company reported an EPS missed by $0.09, leading to a 0.05% increase in the share price on the subsequent day.
Here’s a look at Vicor’s past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.06 | 0.11 | 0.32 | 0.31 |
EPS Actual | -0.03 | 0.06 | 0.19 | 0.37 |
Price Change % | 0.0% | -9.0% | -24.0% | -27.0% |
Market Performance of Vicor’s Stock
Shares of Vicor were trading at $41.04 as of October 18. Over the last 52-week period, shares are down 22.6%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Vicor visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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