Earnings Preview: InMode
Portfolio Pulse from Benzinga Insights
InMode (NASDAQ:INMD) is set to release its latest quarterly earnings report on November 2, 2023. Analysts estimate an EPS of $0.64. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $19.1, down 44.19% over the last 52-week period.
November 01, 2023 | 2:01 pm
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InMode is expected to release its Q3 earnings with an estimated EPS of $0.64. The company has a history of beating EPS estimates but experiencing share price drops. The stock is down 44.19% over the last 52 weeks.
InMode has a history of beating EPS estimates, which is generally a positive signal. However, the company's share price has typically dropped following these beats, indicating that the market may have different expectations. Additionally, the stock's 44.19% decline over the past year suggests a bearish sentiment among long-term shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100