Preview: OraSure Technologies's Earnings
Portfolio Pulse from Benzinga Insights
OraSure Technologies (NASDAQ:OSUR) is scheduled to release its quarterly earnings report on February 27, 2024, with analysts predicting an EPS of $0.08. The company's past performance shows a history of beating EPS estimates, leading to positive stock price movements. Shares are currently trading at $6.96, reflecting a 10.38% increase over the last 52 weeks. Investors are optimistic but will be closely watching the guidance for future growth.
February 26, 2024 | 4:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
OraSure Technologies is expected to report an EPS of $0.08 for the upcoming quarter. Historical data shows positive stock movement following earnings beats.
Given OraSure Technologies' history of exceeding EPS estimates and the subsequent positive impact on its stock price, it is likely that a similar outcome could occur if the company beats the EPS estimate again. The anticipation of positive guidance for future growth could further bolster investor confidence and drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100