Earnings Date
EPS Estimate
Quarterly Revenue Estimate
Annual Revenue (as of Jun 30)
Earnings Preview
Harmonic (NASDAQ:HLIT) is set to give its latest quarterly earnings report on Monday, 2023-07-31. Here's what investors need to know before the announcement.
Analysts estimate that Harmonic will report an earnings per share (EPS) of $0.13.
Harmonic bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Past Earnings Performance
Last quarter the company beat EPS by $0.04, which was followed by a 20.03% increase in the share price the next day.
Here's a look at Harmonic's past performance and the resulting price change:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.08 | 0.14 | 0.10 | 0.09 |
| EPS Actual | 0.12 | 0.17 | 0.13 | 0.16 |
| Price Change % | 20.03% | -7.25% | -10.16% | 0.28% |
Stock Performance
Shares of Harmonic were trading at $15.08 as of July 27. Over the last 52-week period, shares are up 37.93%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Earnings History
Analyze the earnings history of Harmonic using advanced sorting and filters.
When is Harmonic (NASDAQ:HLIT) reporting earnings?
Harmonic (HLIT) is scheduled to report earnings on October 30, 2023. The last reported earnings were for reported on July 31, 2023 for Q2.
What were the latest earnings per share (EPS) for Harmonic (NASDAQ:HLIT)?
The Actual EPS was $0.12, which missed the estimate of $0.13.
What were Harmonic’s (NASDAQ:HLIT) revenues?
The Actual Revenue was $156M, which missed the estimate of $167.3M.
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