Ooma Earnings Preview
Portfolio Pulse from Benzinga Insights
Ooma (NYSE:OOMA) is scheduled to release its quarterly earnings report on 2024-03-05, with analysts expecting an EPS of $0.12. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Ooma's past earnings performance shows a mixed impact on its stock price, with the last quarter missing EPS estimates by $0.00 and leading to a 9.28% drop in share price. Over the last year, OOMA shares have declined by 22.47%, indicating potential concern among long-term shareholders ahead of this earnings release.
March 04, 2024 | 2:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Ooma is expected to report an EPS of $0.12 for the quarter. Historical performance shows sensitivity to earnings reports, with a notable drop after the last miss. Shares have declined 22.47% over the past year, indicating potential volatility around the earnings release.
Given Ooma's history of stock price sensitivity to earnings reports and the significant decline over the past year, the upcoming earnings report could maintain the stock's volatility. The anticipation of meeting or beating EPS estimates, along with forward guidance, will be crucial for short-term price movement. However, the mixed historical impact of earnings reports on the stock price suggests a neutral outlook, hence the score of 0.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100