Earnings Outlook For 23andMe Holding

23andMe Holding ME is gearing up to announce its quarterly earnings on Tuesday, 2024-11-12. Here's a quick overview of what investors should know before the release.

Analysts are estimating that 23andMe Holding will report an earnings per share (EPS) of $-3.20.

Investors in 23andMe Holding are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings Track Record

In the previous earnings release, the company beat EPS by $1.60, leading to a 3.08% drop in the share price the following trading session.

Here's a look at 23andMe Holding's past performance and the resulting price change:

23andMe Holding Share Price Analysis

Shares of 23andMe Holding were trading at $4.48 as of November 08. Over the last 52-week period, shares are down 73.46%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for 23andMe Holding visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.