6/22/2023 0 Comments Iphi stock![]() Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Inphi Corp Tomorrows Movement Prediction Forecast & share price targets for tomorrow -IPHI Inphi Corp stock price movement predictions for tomorrow,weekly. However, the model's predictive power is significant for positive ESP readings only.Ī positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Find the latest Inphi Corporation, IPHI stock market data. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. The stock was in 34 hedge funds portfolios at the end. IPHI’s beta can be found in Trading Information at the top of this page. Overall, hedge fund sentiment was unchanged. This insight is at the core of our proprietary surprise prediction model - the Zacks Earnings ESP (Expected Surprise Prediction). Inphi Corporation (NASDAQ: IPHI) shares havent seen a lot of action during the second quarter. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. IPHI stock was up 24.8 as of Thursday morning.
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