OptiNose's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
OptiNose (NASDAQ:OPTN) is scheduled to release its quarterly earnings report on March 7, 2024, with an expected EPS of $-0.09. Analysts and investors are keen on not just the earnings beat but also the company's guidance for future growth. Historically, OptiNose has had a mixed performance in beating EPS estimates, with a notable increase in share price following last quarter's earnings beat. Shares have been trading at $1.725 as of March 5, showing a 1.72% increase over the last 52 weeks.
March 06, 2024 | 7:01 pm
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POSITIVE IMPACT
OptiNose is expected to report an EPS of $-0.09 for the upcoming quarter. Historical data shows positive stock movement following earnings beats, with a 0.82% increase after last quarter's report. Shares have been performing well, with a 1.72% increase over the last year.
Given OptiNose's history of stock price increases following earnings beats and the positive trend in its share price over the last year, there is a high likelihood of a positive short-term impact on OPTN's stock price if the company beats the EPS estimate again and provides favorable future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100