Earnings Preview For QuidelOrtho
Portfolio Pulse from Benzinga Insights
QuidelOrtho (NASDAQ:QDEL) is scheduled to release its quarterly earnings report on February 13, 2024, with an expected EPS of $2.05. Historical data shows a mixed reaction to past earnings, with share prices fluctuating based on actual EPS and guidance. Shares are currently down 18.96% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.
February 12, 2024 | 4:02 pm
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QuidelOrtho is expected to report an EPS of $2.05 for the upcoming quarter. Historical performance indicates potential volatility in share price post-earnings, with a general bearish sentiment due to an 18.96% decline over the past year.
Given QuidelOrtho's mixed historical earnings performance and the current bearish sentiment from a year-long decline in share price, the short-term impact on QDEL's stock price is uncertain. The actual EPS and forward guidance provided in the upcoming earnings report will be key factors influencing the stock's direction.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100