The heavy selling pressure might have exhausted for Informatica Inc. (INFA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Informatica Inc. (NYSE:INFA) Q1 2024 Earnings Call Transcript May 1, 2024 Informatica Inc. misses on earnings expectations. Reported EPS is $0.02987 EPS, expectations were $0.2. Informatica Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, ladies and gentlemen. […]
Informatica Inc. (INFA) delivered earnings and revenue surprises of 10% and 0.95%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?