Company Performance - Ouster, Inc. (OUST) closed at $35.02, reflecting a +1.04% change from the previous day's closing price, outperforming the S&P 500's gain of 0.44% [1] - Over the past month, Ouster's shares have increased by 13.08%, surpassing the Computer and Technology sector's gain of 9.59% and the S&P 500's gain of 4.03% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with an expected EPS of -$0.43, indicating a growth of 20.37% compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $36.75 million, representing a 30.88% increase from the previous year [2] Fiscal Year Projections - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of -$1.58 and revenue of $144.25 million, reflecting changes of +24.04% and +29.84% respectively from the prior year [3] Analyst Estimates - Recent changes to analyst estimates for Ouster should be noted, as upward revisions indicate analysts' positive outlook on the company's operations and profit generation capabilities [4] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [6] - Ouster, Inc. currently holds a Zacks Rank of 2 (Buy) [6] Industry Overview - Ouster operates within the Electronics - Miscellaneous Components industry, which is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 49, placing it in the top 20% of over 250 industries [7] - The top 50% rated industries are shown to outperform the bottom half by a factor of 2 to 1 [7]
Ouster, Inc. (OUST) Rises Higher Than Market: Key Facts