Earnings Outlook For Hologic
Portfolio Pulse from Benzinga Insights
Hologic (NASDAQ:HOLX) is scheduled to release its quarterly earnings report on February 1, 2024. Analysts predict an EPS of $0.95. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Hologic's stock price has been sensitive to earnings performance and guidance. Last quarter, HOLX beat the EPS estimate by $0.05, leading to a 7.34% stock price increase. Over the past year, HOLX shares have declined by 11.71%.

January 31, 2024 | 9:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Hologic is anticipated to report an EPS of $0.95 in its upcoming earnings. Historical data shows that earnings beats positively impact HOLX's stock price, while the overall trend for the past year has been negative.
Given the historical positive reaction to earnings beats, if Hologic surpasses the EPS estimate, the stock is likely to experience a short-term increase. However, the overall negative trend over the past year suggests caution.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100