ThermoGenesis Holdings Earnings Preview
Portfolio Pulse from Benzinga Insights
ThermoGenesis Holdings (NASDAQ:THMO) is scheduled to release its quarterly earnings report on Monday, 2023-11-13, with an estimated EPS of $-0.21. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, the company's stock price has been sensitive to earnings performance and guidance. Last quarter, THMO missed EPS estimates by $0.92, resulting in an 11.59% share price drop the following day. Over the last year, THMO shares have declined by 76.61%, indicating a negative sentiment among long-term shareholders.
November 10, 2023 | 7:02 pm
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NEGATIVE IMPACT
ThermoGenesis Holdings is expected to report an EPS of $-0.21 for the upcoming earnings. Historical data shows significant stock price movements post-earnings announcements. Long-term shareholders have experienced a substantial decline in share value over the past year.
Given the historical performance where THMO's stock price has been highly reactive to earnings reports, especially after missing EPS estimates, there is a likelihood of a negative short-term impact if the company does not meet or exceed the EPS estimate. The long-term downward trend in stock price also suggests a lack of investor confidence that may continue unless the earnings report is unexpectedly positive.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100