Recap: Omnicell Q3 Earnings

Omnicell OMCL reported its Q3 earnings results on Tuesday, November 2, 2021 at 08:00 AM.

Here's what investors need to know about the announcement.

Omnicell reported EPS of $1.08 versus an estimate of $0.91.

Revenue was up $82,703,000 from the same period last year.

Last quarter the company beat on EPS by $0.15, which was followed by a 3.29% increase in the share price the next day.

Here's a look at Omnicell's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.82	0.66	0.80	0.49
EPS Actual	0.97	0.83	0.91	0.60
Revenue Estimate	268.51M	246.70M	245.50M	208.46M
Revenue Actual	272.74M	251.84M	249.20M	213.70M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Omnicell management provided guidance for their next quarter, expecting earnings between $0.89 and $0.94 per share for the nextquarter.

This represents a -15.28% in quarter-over-quarter growth for Omnicell, a bearish signal to many investors.

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