Glaukos Q4 Earnings Outlook

Glaukos GKOS announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement.

Earnings and Revenue

Analysts expect Glaukos earnings of 1 cent per share. Revenue will likely be around $41 million, according to the consensus estimate.

Glaukos had break-even EPS in the same period a year ago and revenue was $33.17 million. If the company were to match the consensus estimate, sales would be up 23.87 percent on a year-over-year basis.

Glaukos's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Over the last 52-week period, shares are down -33.9 percent. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The popular rating by analysts on Glaukos stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Glaukos' Q4 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: https://event.on24.com/wcc/r/1552688/DA706C8EA0F00B75CC7C3A82794721FF