Owlet (NYSE:OWLT) is preparing to release its quarterly earnings on Wednesday, 2024-11-13. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Owlet to report an earnings per share (EPS) of $-0.24.
The market awaits Owlet's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Past Earnings Performance
In the previous earnings release, the company beat EPS by $0.15, leading to a 7.69% increase in the share price the following trading session.
Stock Performance
Shares of Owlet were trading at $5.29 as of November 11. Over the last 52-week period, shares are down 11.36%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Owlet visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
