Infineon Technologies AG (IFNNY) Registers a Bigger Fall Than the Market: Important Facts to Note [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
The stock's performance was behind the S&P 500's daily loss of 1.23%. Meanwhile, the Dow experienced a drop of 1.36%, and the technology-dominated Nasdaq saw a decrease of 1.4%. Shares of the company witnessed a loss of 7.58% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 2.32% and the S&P 500's gain of 1.61%. Analysts and investors alike will be keeping a close eye on the performance of Infineon Technologies AG in its upcoming earnings disclosure. The company is expected to report EPS of $0.41, down 44.59% from the prior-year quarter. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.22 per share and revenue of $16.92 billion, indicating changes of -21.55% and -2.86%, respectively, compared to the previous year. Investors should also take note of any recent adjustments to analyst estimates for Infineon Technologies AG. Such recent modifications usually signify the changing landscape of ne
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