Insights into Penguin Solutions's Upcoming Earnings

Penguin Solutions (NASDAQ:PENG) is gearing up to announce its quarterly earnings on Wednesday, 2025-04-02. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Penguin Solutions will report an earnings per share (EPS) of $0.38.

The market awaits Penguin Solutions'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.

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.10, leading to a 0.0% drop in the share price the following trading session.

Here's a look at Penguin Solutions's past performance and the resulting price change:

Quarter

Q1 2025

Q4 2024

Q3 2024

Q2 2024

EPS Estimate

0.39

0.40

0.30

0.25

EPS Actual

0.49

0.37

0.37

0.27

Price Change %

-4.0%

-23.0%

26.0%

-24.0%

Performance of Penguin Solutions Shares

Shares of Penguin Solutions were trading at $17.37 as of March 31. Over the last 52-week period, shares are down 34.09%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Analyst Observations about Penguin Solutions

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on ...

https://www.benzinga.com/insights/earnings/25/04/44586392/insights-into-penguin-solutionss-upcoming-earnings