Earnings Outlook For Ocugen
Portfolio Pulse from Benzinga Insights
Ocugen (NASDAQ:OCGN) is set to release its latest quarterly earnings report on November 9, 2023. Analysts estimate an earnings per share (EPS) of $-0.07. The company's past performance shows a trend of missing EPS estimates, which has led to significant drops in share price. Shares of Ocugen are currently trading at $0.3796 and have seen a 77.95% decrease over the last 52-week period.
November 08, 2023 | 5:01 pm
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Ocugen's upcoming earnings report could potentially impact its stock price. The company has a history of missing EPS estimates, which has previously led to drops in its share price.
Ocugen's stock price has historically been sensitive to its earnings reports, particularly when it misses EPS estimates. Given that analysts are predicting an EPS of $-0.07 for the upcoming report, and considering the company's past performance, there is a risk of a negative impact on the stock price if Ocugen fails to meet this estimate.
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