Earnings Preview For Ooma
Portfolio Pulse from Benzinga Insights
Ooma (NYSE:OOMA) is set to release its latest quarterly earnings report on August 23, 2023. Analysts estimate an earnings per share (EPS) of $0.14. The company's past performance shows a pattern of share price drops following earnings beats. Ooma's shares were trading at $13.86 as of August 21, with a 0.67% increase over the last 52-week period.
August 22, 2023 | 3:01 pm
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Ooma's upcoming earnings report could potentially impact its stock price. Despite past earnings beats, the company's share price has often dropped. The stock is currently trading at $13.86.
Ooma's stock price has shown a pattern of dropping following earnings beats. With the upcoming earnings report, there is a potential for the stock price to drop again, especially if the company beats the estimated EPS of $0.14. This pattern, combined with the current trading price of $13.86, suggests a potential negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100