Earnings Preview: Ondas Holdings

Ondas Holdings (NASDAQ:ONDS) is preparing to release its quarterly earnings on Tuesday, 2024-11-12. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Ondas Holdings to report an earnings per share (EPS) of $-0.12.

Anticipation surrounds Ondas Holdings'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

Last quarter the company beat EPS by $0.01, which was followed by a 12.41% increase in the share price the next day.

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

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.15

-0.17

-0.14

-0.17

EPS Actual

-0.14

-0.17

-0.17

-0.15

Price Change %

12.0%

-7.000000000000001%

-13.0%

26.0%

Ondas Holdings Share Price Analysis

Shares of Ondas Holdings were trading at $0.754 as of November 08. Over the last 52-week period, shares are up 26.65%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on Ondas Holdings

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

Ondas Holdings has received a total of 1 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $1.5, the consensus ...