Will Ouster, Inc. (OUST) Report Negative Earnings Next Week? What You Should Know

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Ouster, Inc. (OUST) due to higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected to show a quarterly loss of $0.45 per share, reflecting a year-over-year change of +15.1%, with revenues projected at $34 million, up 26% from the previous year [3]. - The consensus EPS estimate has been revised 4.35% higher in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being the same as the consensus for Ouster, resulting in an Earnings ESP of 0% [8][12]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3, which increases the likelihood of a positive surprise [10]. Historical Performance - Ouster has beaten consensus EPS estimates only once in the last four quarters, with a notable surprise of +25.00% in the last reported quarter where the loss was expected to be $0.56 per share but was actually -$0.42 [13][14]. Conclusion - Ouster does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [17].