Infineon Technologies AG (IFNNY) Gains As Market Dips: What You Should Know [Yahoo! Finance]
INFINEON TECHS AG S/ADR (IFNNY)
NASDAQ:AMEX Investor Relations:
infineon.com/cms/en/about-infineon/investor
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Source: Yahoo! Finance
This move outpaced the S&P 500's daily loss of 0.28%. Elsewhere, the Dow saw a downswing of 0.08%, while the tech-heavy Nasdaq depreciated by 0.42%. Prior to today's trading, shares of the company had lost 7.36% over the past month. This has lagged the Computer and Technology sector's gain of 3.64% and the S&P 500's gain of 2.67% in that time. The upcoming earnings release of Infineon Technologies AG will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.41, reflecting a 44.59% decrease from the same quarter last year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.22 per share and a revenue of $16.92 billion, representing changes of -21.55% and -2.86%, respectively, from the prior year. Investors should also take note of any recent adjustments to analyst estimates for Infineon Technologies AG. These revisions help to show the ever-changing nature of near-term business trends. Consequently,
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