Core Viewpoint - Wall Street analysts predict OPKO Health will report a quarterly loss of 155.14 million, down 14.7% from the previous year [1]. Group 1: Earnings Estimates - The consensus EPS estimate for the upcoming quarter has remained unchanged over the past 30 days, indicating analysts' reassessment of their initial projections [1][2]. - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [2]. Group 2: Revenue Projections - Analysts forecast 'Revenues- Revenue from transfer of intellectual property and other' to reach 42.96 million, reflecting a slight decline of 0.1% from the year-ago quarter [4]. - 'Revenues- Revenue from services' is projected to reach $97.29 million, showing a significant year-over-year decrease of 21.7% [4]. Group 3: Stock Performance - Over the past month, OPKO Health shares have returned +17%, contrasting with the Zacks S&P 500 composite's -1.8% change [5]. - OPKO Health currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [5].
Countdown to OPKO Health (OPK) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS