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Analysts predict a substantial earnings recovery, potentially boosting investor sentiment. Historical recoveries, such as in Q4 2020, show price spikes after positive earnings announcements.
What happened, with direct paths to the underlying reporting
LGN to report Q3 earnings on Nov. 14, expect 6 cents per share. Analyst consensus revenue estimate is $639.78 million, up from last year's $293.8 million. Recent analysts initiated ratings with targets between $35 and $41. Shares fell 9.2% recently, closing at $33.32. Analysts show varied accuracy rates, with some as high as 83%.
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StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.