From Nasdaq: 2025-06-02 22:26:00

Credo Technology (NASDAQ: CRDO) is set to report earnings on June 2, 2025. Historical data indicates a 54% chance of a positive one-day return following earnings, with a median return of 23.2%. Analysts expect earnings of $0.27 per share on sales of $159.59 million, a significant improvement from the previous year. The company currently has a market cap of $10 billion and generated $328 million in revenue over the last year.

Event-driven traders can consider pre-earnings or post-earnings positioning strategies based on historical probabilities. The Trefis High Quality portfolio offers an alternative for investors seeking upside with lower volatility. The portfolio has outperformed the S&P 500 and generated returns exceeding 91% since its inception.

In the past five years, Credo Technology has seen 54% positive one-day post-earnings returns. The median positive return is 23%, while the median negative return is -6.4%. Understanding the correlation between short-term and medium-term returns post-earnings can help traders make informed decisions.

Peer performance can also impact post-earnings stock reaction. Historical data shows how Credo Technology’s stock performance compares to its peers in terms of one-day post-earnings returns. Analyzing this data can provide insights for traders looking to make strategic investment decisions.



Read more at Nasdaq: How Will Credo Technology Stock React To Its Upcoming Earnings?