ProPhase Labs PRPH is gearing up to announce its quarterly earnings on Wednesday, 2024-11-13. Here's a quick overview of what investors should know before the release.
Analysts are estimating that ProPhase Labs will report an earnings per share (EPS) of $0.04.
The market awaits ProPhase Labs's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Overview of Past Earnings
The company's EPS missed by $0.09 in the last quarter, leading to a 9.6% drop in the share price on the following day.
Here's a look at ProPhase Labs's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.24 | -0.28 | -0.26 | -0.19 |
| EPS Actual | -0.33 | -0.07 | -0.51 | -0.30 |
| Price Change % | -10.0% | 3.0% | 4.0% | -11.0% |
Stock Performance
Shares of ProPhase Labs were trading at $0.739 as of November 11. Over the last 52-week period, shares are down 83.22%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for ProPhase Labs 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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