Intevac (NASDAQ:IVAC) is set to give its latest quarterly earnings report on Monday, 2024-11-11. Here's what investors need to know before the announcement.
Analysts estimate that Intevac will report an earnings per share (EPS) of $-0.15.
The market awaits Intevac's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Past Earnings Performance
During the last quarter, the company reported an EPS beat by $0.08, leading to a 5.83% increase in the share price on the subsequent day.
Here's a look at Intevac's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.20 | -0.17 | -0.12 | -0.13 |
| EPS Actual | -0.12 | -0.10 | -0.07 | 0 |
| Price Change % | 6.0% | 7.000000000000001% | -3.0% | 12.0% |
Intevac Share Price Analysis
Shares of Intevac were trading at $3.31 as of November 07. Over the last 52-week period, shares are down 10.14%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for Intevac visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
