Nano X Imaging (NASDAQ:NNOX) is set to give its latest quarterly earnings report on Thursday, 2024-11-21. Here's what investors need to know before the announcement.
Analysts estimate that Nano X Imaging will report an earnings per share (EPS) of $-0.15.
The announcement from Nano X Imaging is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
Last quarter the company beat EPS by $0.08, which was followed by a 7.29% increase in the share price the next day.
Here's a look at Nano X Imaging's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.22 | -0.26 | -0.30 | -0.30 |
| EPS Actual | -0.14 | -0.14 | -0.18 | -0.16 |
| Price Change % | 7.000000000000001% | -1.0% | -4.0% | 4.0% |
Market Performance of Nano X Imaging's Stock
Shares of Nano X Imaging were trading at $5.69 as of November 19. Over the last 52-week period, shares are down 12.08%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Nano X Imaging visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
