Omnicell (NASDAQ:OMCL) reported its Q3 earnings results on Tuesday, November 2, 2021 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Omnicell reported EPS of $1.08 versus an estimate of $0.91.

Revenue was up $82,703,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15, which was followed by a 3.29% increase in the share price the next day.

Here's a look at Omnicell's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Omnicell management provided guidance for their next quarter, expecting earnings between $0.89 and $0.94 per share for the nextquarter.

This represents a -15.28% in quarter-over-quarter growth for Omnicell, a bearish signal to many investors.

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