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Earnings Reports For The Week Ahead: Credo Technology, TDCX, Reservoir Media, Emeren Group, American Superconductor

  • May 28th, 2023
  • 542 views

Several prominent companies gear up to disclose their latest financial results on Wednesday, May 31. 

Following the market's closure, Credo Technology Group Holding Ltd (NASDAQ: CRDO) will unveil its fourth-quarter and fiscal year 2023 financial results. Analysts anticipate a consensus loss of $0.04 per share, with revenue amounting to $31.19 million. 

Closing at $13.72 on Friday, $CRDO exhibited an impressive gain of $1.74 or 14.52%. 

TDCX Inc (NYSE: TDCX) is slated to announce its first-quarter unaudited financial results after the U.S. market closes. Market consensus projects an EPS of $0.15, accompanied by revenue totaling $118.12 million. 

On Friday, $TDCX closed at $8.30, experiencing a slight decline of $0.14 or 1.66%. 

Prior to market opening, Reservoir Media, Inc (NASDAQ: RSVR) will release its financial results for the fourth quarter and fiscal year 2023. Analysts' consensus points to an EPS of $0.06 and revenue of $33.75 million. 

With a closing price of $6.63 on Friday, $RSVR displayed a marginal gain of $0.02 or 0.30%. 

Emeren Group Ltd (NYSE: SOL) is scheduled to report its unaudited financial results for the first quarter of 2023 after the U.S. stock market closes. Market consensus suggests an EPS of $0.04 and revenue amounting to $30.72 million. O

On Friday, $SOL closed at $3.40, reflecting a decrease of $0.04 or 1.16%. 

After the market's closure, American Superconductor Corporation (NASDAQ: AMSC) plans to release its fourth-quarter and full fiscal year 2022 financial results. Analysts anticipate a consensus loss of $0.20 per share, accompanied by revenue totaling $28.25 million. 

$AMSC closed at $13.72, up $1.74 or 14.52%, on Friday.

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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