Market Overview

Organovo Q4 Earnings Preview

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On Thursday, Organovo Holdings (NYSE: 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.

Posted-In: Earnings News

 

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