Omeros Earnings: Everything You Must Know Now

Omeros Corporation (NASDAQ:OMER) had a loss and met Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Omeros Corporation Earnings Cheat Sheet

Results: Adjusted Earnings Per Share were the same at $-0.40 in the quarter as EPS of $-0.40 in the year-earlier quarter.

Revenue: Decreased 26.67% to $1.1 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Omeros Corporation reported adjusted EPS loss of $0.40 per share. By that measure, the company met the mean analyst estimate of $-0.40. It missed the average revenue estimate of $1.39 million.

Quoting Management: There was no comment from management.

Key Stats (on next page)…

Revenue decreased 30.38% from $1.58 million in the previous quarter. EPS increased to $-0.40 in the quarter versus EPS of $-0.45 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.31 to a loss $0.39. For the current year, the average estimate has moved down from a loss of $1.23 to a loss of $1.42 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

More Articles About:   , ,  

More from The Cheat Sheet