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Benzinga
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Penguin Solutions Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. PENG's Q3 earnings at $0.33 expected, lower than last year's $0.37. 2. Projected revenue for the quarter is $330.82 million, up from $300.58 million. 3. PENG shares rose 1.8% to $20.17 following favorable Q2 results. 4. Multiple analysts maintain varied ratings and price targets for PENG. 5. Analyst ratings show mixed sentiments; target prices range from $20 to $30.

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FAQ

Why Neutral?

Earnings drop from prior quarter indicates mixed performance; ambiguous analyst targets affect sentiment.

How important is it?

Upcoming earnings report could significantly sway stock anxiety or optimism, though no major shift observed.

Why Short Term?

Expected earnings report may prompt immediate investor reaction, affecting short-term stock dynamics.

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