Preview: Singular Genomics Sys's Earnings
Portfolio Pulse from Benzinga Insights
Singular Genomics Sys (NASDAQ:OMIC) is scheduled to release its quarterly earnings report on March 18, 2024. Analysts predict an EPS of $-0.34. The company's past earnings performance shows a pattern of beating EPS estimates, which has occasionally led to significant share price movements the following day. Shares are currently trading at $0.5011, reflecting a 60.85% decrease over the last year. Investors are particularly focused on the company's guidance for future growth.
March 15, 2024 | 3:01 pm
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Singular Genomics Sys is expected to report an EPS of $-0.34 for the upcoming quarter. Historical data shows its ability to beat EPS estimates, which has led to significant price movements. Currently, the stock has experienced a significant decline over the past year.
Given Singular Genomics Sys's history of beating EPS estimates and the subsequent impact on its stock price, a positive earnings report and optimistic guidance could lead to a short-term increase in its stock price. However, the overall negative trend over the past year suggests caution.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100