Post by Deleted on Jul 26, 2016 14:14:41 GMT
HOW OPKO HEALTH, INC. (NASDAQ:OPK) TRADES AFTER EARNING ANNOUNCEMENTS?
Opko Health, Inc. (NASDAQ:OPK) is expected to announce second quarter financial results estimated on August 03, 2016. The company lost about -2.8 percent in value since last earnings when it was at $10.26. Based on the most relevant historical data, there is a 48 percent probability for share price to go up following the next earnings report. Looking further into earnings reaction history, the stock had moved up 12 times out of last 25 quarters. It has topped earnings-per-share estimates 66% of the time in its last 12 earnings reports. It missed earnings on 3 occasions, and it has met expectations 1 time.
So how did OPK’s earnings announcements affect its stock price in the past few quarters?
Opko Health, Inc. (OPK) Earnings Reaction History
On November 9, 2015, it posted earnings per share at $0.25, topping the consensus estimate of $-0.02 (positive surprise of 1350%). Revenue for the quarter was $143.03M while analysts had expected revenues to come in at $132.99M. The stock gained 7.74% the day following the earnings was released, and on 7th day price change was 6.83%.
On August 5, 2015, it posted earnings per share at $-0.09 compared with the consensus estimate of $-0.05 (negative surprise of -80%). That came on revenues of $42.4M for the quarter. Analysts had expected $44.73M in revenue.
Opko Health, Inc. Earnings Expectations
In front of Q2 earnings release, Wall Street is expecting earnings per share of $0. The analysts’ current consensus range is $-0.04-$0.07 for EPS. The market consensus range for revenue is $298.8M-$361M, with an average of $324.25M.
Opko Health, Inc. (NASDAQ:OPK) last closed at $9.97, sending the company’s market cap around $5.46B. The consensus 12-month price target from brokerage firms covering the stock is $16.6. The share price has declined -43.06% from its best level in 52 weeks and advanced -0.8% this year. It recently traded in a range of $9.82-$10 at a volume of 1489745 shares. The stock ended last trading session with the price nearly 0.2 higher for the last 5 trading days, rebounding 40.03% from its 52-week low.
www.zergwatch.com/2016/07/25/how-opko-health-inc-nasdaqopk-trades-after-earning-announcements/
Opko Health, Inc. (NASDAQ:OPK) is expected to announce second quarter financial results estimated on August 03, 2016. The company lost about -2.8 percent in value since last earnings when it was at $10.26. Based on the most relevant historical data, there is a 48 percent probability for share price to go up following the next earnings report. Looking further into earnings reaction history, the stock had moved up 12 times out of last 25 quarters. It has topped earnings-per-share estimates 66% of the time in its last 12 earnings reports. It missed earnings on 3 occasions, and it has met expectations 1 time.
So how did OPK’s earnings announcements affect its stock price in the past few quarters?
Opko Health, Inc. (OPK) Earnings Reaction History
On November 9, 2015, it posted earnings per share at $0.25, topping the consensus estimate of $-0.02 (positive surprise of 1350%). Revenue for the quarter was $143.03M while analysts had expected revenues to come in at $132.99M. The stock gained 7.74% the day following the earnings was released, and on 7th day price change was 6.83%.
On August 5, 2015, it posted earnings per share at $-0.09 compared with the consensus estimate of $-0.05 (negative surprise of -80%). That came on revenues of $42.4M for the quarter. Analysts had expected $44.73M in revenue.
Opko Health, Inc. Earnings Expectations
In front of Q2 earnings release, Wall Street is expecting earnings per share of $0. The analysts’ current consensus range is $-0.04-$0.07 for EPS. The market consensus range for revenue is $298.8M-$361M, with an average of $324.25M.
Opko Health, Inc. (NASDAQ:OPK) last closed at $9.97, sending the company’s market cap around $5.46B. The consensus 12-month price target from brokerage firms covering the stock is $16.6. The share price has declined -43.06% from its best level in 52 weeks and advanced -0.8% this year. It recently traded in a range of $9.82-$10 at a volume of 1489745 shares. The stock ended last trading session with the price nearly 0.2 higher for the last 5 trading days, rebounding 40.03% from its 52-week low.
www.zergwatch.com/2016/07/25/how-opko-health-inc-nasdaqopk-trades-after-earning-announcements/