Infineon Investors to Focus on New Guidance -- Market Talk

Dow Jones10-10

0921 GMT - Investors in Infineon Technologies will be on the lookout for fiscal 2025 guidance that the German chip maker will provide when it reports 4Q earnings on Nov. 12, Citi analysts write in a research note. They expect Infineon to guide for revenue of roughly 15.7 billion euros, or about 4% growth on year, for the fiscal year to the end of September 2025. The analysts note the forecast is about 3% below current market expectations but more in line with investors' thinking given recent conversations they had. Infineon shares trade 1.1% lower at 30.27 euros. (mauro.orru@wsj.com)

 

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October 10, 2024 05:21 ET (09:21 GMT)

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