Earnings Preview: Omeros
Portfolio Pulse from Benzinga Insights
Omeros (NASDAQ:OMER) is set to release its latest quarterly earnings report on November 9, 2023. Analysts estimate an earnings per share (EPS) of $-0.63. The company's past performance shows a pattern of EPS misses and subsequent share price drops. The stock is currently trading at $1.42, down 50.47% over the last 52-week period.
November 08, 2023 | 4:01 pm
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Omeros is expected to report an EPS of $-0.63. The company's past performance shows a pattern of EPS misses and subsequent share price drops. The stock is currently trading at $1.42, down 50.47% over the last 52-week period.
Given the company's history of missing EPS estimates and the subsequent negative impact on the share price, it is likely that the stock price will be negatively affected if the company fails to meet the EPS estimate again. The stock's negative performance over the past year also suggests a bearish sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100