On Thursday, Organovo Holdings ONVO will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Organovo EPS will likely be near a loss of 7 cents while revenue will be around $1.32 million, according to analysts.
In the same quarter last year, Organovo announced an EPS loss of 10 cents on revenue of $812,000. Revenue would be have grown 62.56 percent from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | -0.09 | -0.1 | -0.1 | -0.11 |
| EPS Actual | -0.07 | -0.09 | -0.1 | -0.1 |
Stock Performance
Over the last 52-week period, shares are down 35.23 percent. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on Organovo Holdings stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
Organovo's Q4 conference call is scheduled to begin at 5:00 p.m. ET.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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