A Preview Of Ocugen's Earnings
Portfolio Pulse from Benzinga Insights
Ocugen (NASDAQ:OCGN) is set to release its latest quarterly earnings report on Tuesday, 2023-08-22. Analysts estimate an earnings per share (EPS) of $-0.07. Last quarter, the company beat EPS by $0.04, which was followed by a 0.0% drop in the share price. Over the last 52-week period, shares are down 82.62%. Investors will be looking for positive guidance for the next quarter.
August 21, 2023 | 3:01 pm
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Ocugen is set to release its earnings report. The company's stock price has been generally negative over the past year, and last quarter's EPS beat did not lead to a price increase.
Ocugen's stock price has been generally negative over the past year, indicating bearish sentiment among long-term shareholders. Despite beating EPS estimates last quarter, the stock price did not increase, suggesting that investors may be more focused on the company's guidance for future growth. If the upcoming earnings report does not provide positive guidance, the stock price may continue its downward trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100