Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Endologix (NASDAQ:ELGX) announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement.
Earnings and Revenue
Based on Endologix management projections, analysts predict an earnings loss of 21 cents per share on revenue of $45 million.
Endologix EPS in the same period a year ago was a loss of 22 cents. Revenue was $47 million. If the company were to match the consensus estimate when it reports Wednesday, earnings would be down 4.55 percent. Sales would be down 5.02 percent on a year-over-year basis.
The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | -0.17 | -0.18 | -0.21 | -0.19 |
| EPS Actual | -0.11 | -0.1 | -0.18 | -0.22 |
Stock Performance
Over the last 52-week period, shares are down -37.25 percent. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts have been rating Endologix stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Endologix's Q4 is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!