Infineon Technologies Q3 Adj. EPS $0.51 Beats $0.48 Estimate, Sales $4.850B Beat $4.690B Estimate
Infineon Technologies (OTC:IFNNY) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.48 by 6.25 percent. This is a 21.43 percent increase over earnings of $0.42 per share from
Infineon made more money than experts expected this quarter, earning $0.51 per share instead of the $0.48 people predicted, and also sold more stuff than forecasted. When a company beats what people thought it would do, it's a sign the business is running well and the company might be stronger than investors realized.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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