A Preview Of 23andMe Holding's Earnings

A Preview Of 23andMe Holding's Earnings

23andMe Holding ME is set to give its latest quarterly earnings report on Monday, 2022-11-07. Here's what investors need to know before the announcement.

Analysts estimate that 23andMe Holding will report an earnings per share (EPS) of $-0.17.

23andMe Holding 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).

Past Earnings Performance

Last quarter the company missed EPS by $0.04, which was followed by a 6.28% drop in the share price the next day.

Here's a look at 23andMe Holding's past performance and the resulting price change:

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.16 -0.13 -0.16 -0.11
EPS Actual -0.20 -0.16 -0.21 -0.04
Price Change % -6.28% -1.04% -9.05% 13.37%

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.16 -0.13 -0.16 -0.11
EPS Actual -0.20 -0.16 -0.21 -0.04
Price Change % -6.28% -1.04% -9.05% 13.37%

Stock Performance

Shares of 23andMe Holding were trading at $2.99 as of November 03. Over the last 52-week period, shares are down 77.03%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for 23andMe Holding visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-EPEarnings