OraSure Technologies: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
OraSure Technologies (NASDAQ:OSUR) reported Q4 earnings with an EPS of $0.22, beating estimates by 175% but with a revenue decrease of $47.20 million from the previous year. The company has a history of surpassing EPS estimates, leading to share price increases.
February 27, 2024 | 9:30 pm
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OraSure Technologies reported a significant beat on Q4 earnings estimates with an EPS of $0.22, far exceeding the expected $0.08, despite a revenue decrease from the previous year.
The substantial beat on earnings estimates is likely to positively impact investor sentiment and potentially lead to an increase in OSUR's share price, similar to the past trend observed after Q3 2023 earnings beat.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100