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ETWOBearishCorporate DevelopmentsShort Term

High materiality8/10

Top Wall Street Forecasters Revamp E2open Expectations Ahead Of Q1 Earnings

BenzingaJul 3, 8:41 AM EDT1 source

Trading thesisImportance 8/10

Earnings report and acquisition details may influence immediate trading actions.

AI summary

What happened and why it matters

ETWO to release earnings on July 10, projects $148.92M revenue. Quarterly earnings expected unchanged at 4 cents per share. E2open agrees to be acquired by WiseTech Global for $3.30/share. Analysts' ratings reflect a bearish outlook with lowered price targets. Recent trading shows E2open shares up 0.6% to $3.25.

ETWO to release earnings on July 10, projects $148.92M revenue.
Quarterly earnings expected unchanged at 4 cents per share.
E2open agrees to be acquired by WiseTech Global for $3.30/share.

Sentiment rationale

The acquisition price and lowered analyst targets signal weaker market confidence.

Key facts

01
ETWO to release earnings on July 10, projects $148.92M revenue.
02
Quarterly earnings expected unchanged at 4 cents per share.
03
E2open agrees to be acquired by WiseTech Global for $3.30/share.
04
Analysts' ratings reflect a bearish outlook with lowered price targets.
05
Recent trading shows E2open shares up 0.6% to $3.25.

Corporate Developments

The acquisition and earnings report will significantly impact ETWO's short-term outlook.