Uncovering Potential: Liquidia's Earnings Preview

Liquidia (NASDAQ:LQDA) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-13. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Liquidia will report an earnings per share (EPS) of $-0.38.

Anticipation surrounds Liquidia'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.

Earnings Track Record

In the previous earnings release, the company missed EPS by $0.03, leading to a 6.55% increase in the share price the following trading session.

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

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.34

-0.32

-0.23

-0.21

EPS Actual

-0.37

-0.54

-0.42

-0.24

Price Change %

7.000000000000001%

-1.0%

4.0%

-4.0%

Stock Performance

Shares of Liquidia were trading at $10.73 as of November 11. Over the last 52-week period, shares are up 67.15%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Opinions on Liquidia

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

A total of 11 analyst ratings have been received for Liquidia, with the consensus rating being Buy. The average one-year price target stands at $26.27, suggesting a potential 144.83% upside.

Comparing Ratings with Competitors

In this analysis, we delve into the ...