Sequans Communications SQNS is set to give its latest quarterly earnings report on Tuesday, 2024-11-05. Here's what investors need to know before the announcement.
Analysts estimate that Sequans Communications will report an earnings per share (EPS) of $-0.37.
The announcement from Sequans Communications is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
In the previous earnings release, the company beat EPS by $0.05, leading to a 0.0% drop in the share price the following trading session.
Here's a look at Sequans Communications's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.28 | -0.38 | -0.38 | -0.23 |
| EPS Actual | -0.23 | -0.35 | -0.58 | -0.30 |
| Price Change % | 112.00000000000001% | -8.0% | 8.0% | 0.0% |
Tracking Sequans Communications's Stock Performance
Shares of Sequans Communications were trading at $2.6 as of November 01. Over the last 52-week period, shares are down 64.77%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Sequans Communications 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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