Penguin Solutions Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Penguin Solutions, Inc. (NASDAQ:PENG) will release earnings results for the third quarter, after the closing bell on Tuesday, July 8.

Analysts expect the Grand Cayman, Cayman Islands-based company to report quarterly earnings at 33 cents per share, down from 37 cents per share in the year-ago period. Penguin Solutions projects to report quarterly revenue at $330.82 million, compared to $300.58 million a year earlier, according to data from Benzinga Pro.

On April 2, Penguin Solutions reported better-than-expected second-quarter financial results.

Penguin Solutions shares rose 1.8% to close at $20.17 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock ...