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Benzinga
28 days

Top Wall Street Forecasters Revamp E2open Expectations Ahead Of Q1 Earnings

1. ETWO to release earnings on July 10, projects $148.92M revenue. 2. Quarterly earnings expected unchanged at 4 cents per share. 3. E2open agrees to be acquired by WiseTech Global for $3.30/share. 4. Analysts' ratings reflect a bearish outlook with lowered price targets. 5. Recent trading shows E2open shares up 0.6% to $3.25.

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FAQ

Why Bearish?

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

How important is it?

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

Why Short Term?

Earnings report and acquisition details may influence immediate trading actions.

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