Atomera (NASDAQ:ATOM) is set to give its latest quarterly earnings report on Tuesday, 2024-10-29. Here's what investors need to know before the announcement.
Analysts estimate that Atomera will report an earnings per share (EPS) of $-0.15.
Investors in Atomera are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Past Earnings Performance
During the last quarter, the company reported an EPS missed by $0.01, leading to a 13.23% increase in the share price on the subsequent day.
Here's a look at Atomera's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | -0.15 | -0.11 | -0.16 |
| EPS Actual | -0.16 | -0.19 | -0.18 | -0.20 |
| Price Change % | 13.0% | -17.0% | -13.0% | -4.0% |
Performance of Atomera Shares
Shares of Atomera were trading at $3.36 as of October 25. Over the last 52-week period, shares are down 42.03%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Atomera visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
