Exploring Staar Surgical's Earnings Expectations
Portfolio Pulse from Benzinga Insights
Staar Surgical (NASDAQ:STAA) is set to release its quarterly earnings report on October 30, 2024, with analysts expecting an EPS of $0.17. Despite a previous EPS miss, the stock rose by 11.03% the next day. Analysts rate the stock as a 'Buy' with a price target of $42.5, indicating a potential 38.48% upside. The company shows strong revenue growth and profitability metrics compared to peers.
October 29, 2024 | 3:03 pm
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POSITIVE IMPACT
Staar Surgical is expected to report an EPS of $0.17. Despite a previous EPS miss, the stock rose significantly, indicating potential volatility. Analysts rate it as a 'Buy' with a price target suggesting a 38.48% upside.
The anticipation of earnings and the potential for positive guidance could drive the stock price up. The previous pattern of stock price increase despite an EPS miss suggests investor optimism. The 'Buy' rating and significant upside potential further support a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100