Sera Prognostics (NASDAQ: SERA) is gearing up to release its latest quarterly earnings report on Wednesday, March 20, 2024. Investors are eagerly awaiting this announcement to see how the company has performed and what the future holds for its stock.
Analysts are predicting that Sera Prognostics will report an earnings per share (EPS) of -$0.26. This estimate will be closely watched by investors, as it will serve as a benchmark for the company’s performance. Bulls of Sera Prognostics will be hoping for the company to not only beat this estimate but also provide positive guidance for the next quarter, indicating potential growth.
It’s important to note that while an earnings beat or miss can impact a stock’s price, it is often the guidance or forecast provided by the company that has the most significant influence. Investors will be paying close attention to any guidance offered by Sera Prognostics during the earnings call.
Looking back at the company’s historical earnings performance, we can see that last quarter, Sera Prognostics beat EPS by $0.11. However, this positive performance was followed by a 7.61% drop in the share price the next day. This highlights the importance of not only focusing on earnings but also considering market reactions to the results.
In terms of stock performance, Sera Prognostics shares were trading at $8.96 as of March 18. Over the last 52 weeks, the stock has seen an impressive increase of 123.86%. This positive trend has likely left long-term shareholders feeling optimistic about the company’s future prospects leading into this earnings release.
For more information on Sera Prognostics’ earnings releases and updates, investors can visit their earnings calendar on the Benzinga website. This article was generated by Benzinga’s automated content engine and has been reviewed by an editor to ensure accuracy and reliability. Stay tuned for Sera Prognostics’ upcoming earnings report to see how the company fares in the market.
