A Preview Of Ocugen's Earnings

Ocugen (NASDAQ:OCGN) is set to give its latest quarterly earnings report on Friday, 2024-11-08. Here's what investors need to know before the announcement.

Analysts estimate that Ocugen will report an earnings per share (EPS) of $-0.04.

Investors in Ocugen are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings Track Record

In the previous earnings release, the company beat EPS by $0.01, leading to a 2.34% drop in the share price the following trading session.

Here's a look at Ocugen's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.05

-0.06

-0.06

-0.07

EPS Actual

-0.04

-0.05

-0.04

-0.06

Price Change %

-2.0%

15.0%

-9.0%

-2.0%

Market Performance of Ocugen's Stock

Shares of Ocugen were trading at $0.9919 as of November 06. Over the last 52-week period, shares are up 197.3%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst Observations about Ocugen

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Ocugen.

A total of 2 analyst ratings have been received for Ocugen, with the consensus rating being Buy. ...