OptiNose OPTN 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 OptiNose will report an earnings per share (EPS) of $-0.05.
Anticipation surrounds OptiNose's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings Track Record
Last quarter the company beat EPS by $0.01, which was followed by a 6.32% drop in the share price the next day.
Here's a look at OptiNose's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | -0.08 | -0.11 | -0.09 | -0.10 |
EPS Actual | -0.07 | -0.12 | -0.09 | -0.08 |
Price Change % | -6.0% | 5.0% | -2.0% | 1.0% |
Tracking OptiNose's Stock Performance
Shares of OptiNose were trading at $0.78 as of November 08. Over the last 52-week period, shares are down 37.66%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for OptiNose visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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