Eargo EAR is set to give its latest quarterly earnings report on Thursday, 2022-11-03. Here's what investors need to know before the announcement.
Analysts estimate that Eargo will report an earnings per share (EPS) of $-0.56.
Eargo bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
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).
Here's a look at Eargo's past performance and the resulting price change:
|Quarter||Q2 2022||Q1 2022||Q3 2021||Q4 2021|
|Price Change %||-27.01%||1.92%||0.0%||0.0%|
Shares of Eargo were trading at $0.625 as of November 01. Over the last 52-week period, shares are down 93.35%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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