Earnings Outlook For Mobileye Global
Mobileye Global MBLY is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the announcement.
Analysts estimate that Mobileye Global will report an earnings per share (EPS) of $0.17.
Mobileye Global 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).
Here's a look at Mobileye Global's past performance and the resulting price change:
Shares of Mobileye Global were trading at $34.12 as of January 24. Over the last 52-week period, shares are up 16.12%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
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