Post-earnings recap
Reported
Wed, Oct 27, 2021
Est. EPS
—
Est. revenue
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Implied move
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EPS beat rate
100%
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Est. EPS
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Est. Rev
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Impl. Move
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TTM Technologies reported an EPS that exceeded expectations, which is a positive sign for the company. However, the stock reacted negatively, dropping 0.66%, likely due to the absence of revenue figures and guidance. Investors may be concerned about the lack of clarity on future performance amidst ongoing supply chain issues.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.34 | N/A | +10.75% |
| Revenue | N/A | N/A | N/A |
Overall, management conveyed a sense of cautious optimism regarding the company's performance. They acknowledged challenges but emphasized their commitment to navigating the current environment.
Management expressed satisfaction with the EPS performance despite the lack of revenue guidance.
They highlighted ongoing challenges in the supply chain but remain focused on operational efficiency.