The market expects OBALON THERPTCS (OBLN) to ship flat earnings in comparison with the year-ago qua
The market expects OBALON THERPTCS (OBLN) to ship flat earnings in comparison with the year-ago quarter on decrease revenues when it stories outcomes for the quarter ended September 2019. This widely-known consensus outlook is necessary in assessing the corporate’s earnings image, however a robust issue that may affect its near-term inventory worth is how the precise outcomes examine to those estimates.
The earnings report, which is predicted to be launched on November 8, 2019, may assist the inventory transfer increased if these key numbers are higher than expectations. Alternatively, in the event that they miss, the inventory might transfer decrease.
Whereas administration’s dialogue of enterprise circumstances on the earnings call will largely decide the sustainability of the fast worth change and future earnings expectations, it is value having a handicapping perception into the percentages of a optimistic EPS shock.
Zacks Consensus Estimate
This firm is predicted to publish quarterly lack of $3.50 per share in its upcoming report, which represents no change from the year-ago quarter.
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