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LTRX
Benzinga
99 days

These Analysts Cut Their Forecasts On Lantronix Following Q3 Results

1. LTRX reported in-line earnings of 3 cents, missing sales expectations. 2. Fourth-quarter adjusted EPS expected between $0.00-$0.02, below estimates. 3. Analysts lowered price targets yet maintained 'Buy' ratings. 4. Shares fell 1.4% post-earnings announcement, trading at $2.07. 5. CEO highlights investments in AI and 5G for future growth.

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FAQ

Why Bearish?

LTRX's weak sales and lowered guidance suggest future earnings turbulence, similar to prior dips.

How important is it?

Revenue misses and lowered guidance are pivotal for stock performance.

Why Short Term?

The immediate guidance and missed estimates may affect stock price quickly.

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