A Preview Of Outset Medical's Earnings
Portfolio Pulse from Benzinga Insights
Outset Medical (NASDAQ:OM) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $-0.68. The company's stock price has historically been affected by its earnings performance and guidance. Last quarter, the company beat EPS by $0.04, resulting in a 10.18% drop in the share price the next day. Over the last 52-week period, shares are down 61.73%.
November 06, 2023 | 5:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Outset Medical's upcoming earnings report could impact its stock price. Last quarter's EPS beat led to a 10.18% drop in share price. Over the last 52 weeks, shares are down 61.73%.
Outset Medical's stock price has historically been affected by its earnings performance and guidance. Given that the company's shares are down 61.73% over the last 52 weeks, investors may be bearish going into this earnings release. Therefore, the upcoming earnings report could have a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100