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OSI (OSIS) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
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The upcoming report from OSI Systems (OSIS - Free Report) is expected to reveal quarterly earnings of $3.19 per share, indicating an increase of 12.3% compared to the year-ago period. Analysts forecast revenues of $493.43 million, representing an increase of 2.6% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some OSI metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus estimate for 'Revenues- Healthcare division' stands at $50.90 million. The estimate indicates a year-over-year change of +1.2%.
According to the collective judgment of analysts, 'Revenues- Optoelectronics and Manufacturing division, including intersegment revenues' should come in at $107.37 million. The estimate indicates a year-over-year change of +5.2%.
The consensus among analysts is that 'Revenues- Security division' will reach $349.95 million. The estimate suggests a change of +2.2% year over year.
It is projected by analysts that the 'Non-GAAP basis Operating Income (loss)- Security Division' will reach $71.57 million. The estimate compares to the year-ago value of $63.53 million.
Analysts expect 'Non-GAAP basis Operating Income (loss)- Healthcare Division' to come in at $4.31 million. Compared to the current estimate, the company reported $4.66 million in the same quarter of the previous year.
Analysts' assessment points toward 'Non-GAAP basis Operating Income (loss)- Optoelectronics and Manufacturing Division' reaching $15.32 million. The estimate is in contrast to the year-ago figure of $14.19 million.
Over the past month, shares of OSI have returned +10.8% versus the Zacks S&P 500 composite's +3.5% change. Currently, OSIS carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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OSI (OSIS) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
The upcoming report from OSI Systems (OSIS - Free Report) is expected to reveal quarterly earnings of $3.19 per share, indicating an increase of 12.3% compared to the year-ago period. Analysts forecast revenues of $493.43 million, representing an increase of 2.6% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some OSI metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus estimate for 'Revenues- Healthcare division' stands at $50.90 million. The estimate indicates a year-over-year change of +1.2%.
According to the collective judgment of analysts, 'Revenues- Optoelectronics and Manufacturing division, including intersegment revenues' should come in at $107.37 million. The estimate indicates a year-over-year change of +5.2%.
The consensus among analysts is that 'Revenues- Security division' will reach $349.95 million. The estimate suggests a change of +2.2% year over year.
It is projected by analysts that the 'Non-GAAP basis Operating Income (loss)- Security Division' will reach $71.57 million. The estimate compares to the year-ago value of $63.53 million.
Analysts expect 'Non-GAAP basis Operating Income (loss)- Healthcare Division' to come in at $4.31 million. Compared to the current estimate, the company reported $4.66 million in the same quarter of the previous year.
Analysts' assessment points toward 'Non-GAAP basis Operating Income (loss)- Optoelectronics and Manufacturing Division' reaching $15.32 million. The estimate is in contrast to the year-ago figure of $14.19 million.
View all Key Company Metrics for OSI here>>>Over the past month, shares of OSI have returned +10.8% versus the Zacks S&P 500 composite's +3.5% change. Currently, OSIS carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .