Sify Technologies SIFY is set to give its latest quarterly earnings report on Tuesday, 2024-10-22. Here's what investors need to know before the announcement.
Analysts estimate that Sify Technologies will report an earnings per share (EPS) of $0.00.
The market awaits Sify Technologies'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.
Overview of Past Earnings
During the last quarter, the company reported an EPS missed by $0.06, leading to a 0.0% drop in the share price on the subsequent day.
Here's a look at Sify Technologies's past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 0 | 0 | 0 | |
| EPS Actual | -0.06 | 0 | 0 | 0.006 |
| Price Change % | -9.0% | 0.0% | -1.0% | -3.0% |
Performance of Sify Technologies Shares
Shares of Sify Technologies were trading at $3.88 as of October 18. Over the last 52-week period, shares are down 62.87%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Sify Technologies visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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