Market Overview

A Preview Of OpGen's Earnings

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OpGen (NASDAQ: OPGN) will be releasing its next round of earnings this Wednesday, August 12. For all of the relevant information, here is your guide for Wednesday's Q2 earnings announcement.

Earnings and Revenue

Analysts are expecting OpGen to report EPS of $-0.51 per share. Revenue will likely be around $1.20 million, according to the consensus estimate. In the same quarter last year, OpGen posted EPS of $-0.15 on sales of $1.01 million. Analysts estimate would represent a 240.0% decrease in the company's earnings. Here's how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -0.39 -0.81 -3.24 -0.17
EPS Actual -0.43 -0.61 -3.95 -0.15
Revenue Estimate 600.00 K 900.00 K 900.00 K 1.02 M
Revenue Actual 616.93 K 820.67 K 648.22 K 1.01 M

Stock Performance

Over the last 52-week period, shares are down 44.5%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. OpGen is scheduled to hold the call at 16:30:00 ET and can be accessed here: http://public.viavid.com/index.php?id=141125

 

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Posted-In: Earnings