Analysts anticipate Staar Surgical to report an earnings per share (EPS) of $0.17.
Anticipation surrounds Staar Surgical's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Overview of Past Earnings
During the last quarter, the company reported an EPS missed by $0.09, leading to a 11.03% increase in the share price on the subsequent day.
Here's a look at Staar Surgical's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.24
0.04
0.17
0.18
EPS Actual
0.15
-0.07
0.16
0.30
Price Change %
11.0%
-12.0%
3.0%
-17.0%
Stock Performance
Shares of Staar Surgical were trading at $30.69 as of October 28. Over the last 52-week period, shares are down 29.54%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
Analyst Insights on Staar Surgical
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Staar Surgical.
A total of 2 analyst ratings have been received for Staar Surgical, with the consensus rating being Buy. The average one-year price target stands at ...
