Exploring Establishment Labs Hldgs's Earnings Expectations

Establishment Labs Hldgs (NASDAQ:ESTA) is set to give its latest quarterly earnings report on Thursday, 2024-11-07. Here's what investors need to know before the announcement.

Analysts estimate that Establishment Labs Hldgs will report an earnings per share (EPS) of $-0.61.

Anticipation surrounds Establishment Labs Hldgs'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.

Historical Earnings Performance

During the last quarter, the company reported an EPS missed by $0.11, leading to a 2.66% drop in the share price on the subsequent day.

Here's a look at Establishment Labs Hldgs's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.51

-0.67

-0.91

-0.80

EPS Actual

-0.62

-0.58

-0.79

-1.12

Price Change %

-3.0%

11.0%

19.0%

-23.0%

Market Performance of Establishment Labs Hldgs's Stock

Shares of Establishment Labs Hldgs were trading at $47.9 as of November 05. Over the last 52-week period, shares are up 117.25%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Insights on Establishment Labs Hldgs

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Establishment Labs Hldgs.

Analysts have provided Establishment Labs Hldgs with 3 ratings, resulting in a consensus rating of Neutral. The average one-year price ...