Wall Road expects a year-over-year enhance in earnings on larger revenues when Domo, Inc. (DOMO) st
Wall Road expects a year-over-year enhance in earnings on larger revenues when Domo, Inc. (DOMO) stories outcomes for the quarter ended October 2019. Whereas this widely-known consensus outlook is necessary in gauging the corporate’s earnings image, a robust issue that might impression its near-term inventory value is how the precise outcomes evaluate to those estimates.
The earnings report, which is anticipated to be launched on December 5, 2019, would possibly assist the inventory transfer larger if these key numbers are higher than expectations. Then again, in the event that they miss, the inventory might transfer decrease.
Whereas the sustainability of the fast value change and future earnings expectations will principally depend upon administration’s dialogue of enterprise circumstances on the earnings call, it is value handicapping the likelihood of a constructive EPS shock.
Zacks Consensus Estimate
This firm is anticipated to submit quarterly lack of $1.02 per share in its upcoming report, which represents a year-over-year change of +3.8%.
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