06:04 AM EDT, 04/29/2024 (MT Newswires) -- F5 (FFIV) has historically offered longs a better trading opportunity in its post-earnings after-hours and regular session trade.
FFIV has seen an after-hours earnings-driven gain in 43 of the 79 quarters we've tracked in our database over the last 20 years and 26 times recorded a more aggressive upside move in next-day regular session trade, or 60% of the time.
The stock has declined in 36 after-hours moves, and added to that downside 16 times in next-day action, or 44% of the time - and reversing or narrowing its downside 56% of the time.
FFIV is due with its Q2 results in the after-hours session today, and analysts polled by Capital IQ expect the company to post a profit of $2.87 per share on revenue of $684 million.