Why Is Penumbra (PEN) Up 20% Since Last Earnings Report?
PENPenumbra(PEN) ZACKS·2024-08-30 00:37

A month has gone by since the last earnings report for Penumbra (PEN) . Shares have added about 20% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Penumbra due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Penumbra Q2 Earnings Miss, Gross Margin Contracts Penumbra ...