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A Look Ahead: Ambarella's Earnings Forecast

Benzinga ·  Nov 25, 2024 23:02

Ambarella (NASDAQ:AMBA) is gearing up to announce its quarterly earnings on Tuesday, 2024-11-26. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Ambarella will report anearnings per share(EPS) of $0.04.

The market awaits Ambarella'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

Last quarter the company beat EPS by $0.06, which was followed by a 10.63% increase in the share price the...

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