TOMI Environmental Solns (NASDAQ:TOMZ) is set to give its latest quarterly earnings report on Tuesday, 2023-11-14. Here’s what investors need to know before the announcement.
Analysts estimate that TOMI Environmental Solns will report an earnings per share (EPS) of $-0.02.
TOMI Environmental Solns bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Historical Earnings Performance
Last quarter the company missed EPS by $0.01, which was followed by a 3.0% increase in the share price the next day.
Here’s a look at TOMI Environmental Solns’s past performance and the resulting price change:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.01 | -0.02 | 0 | |
| EPS Actual | 0 | -0.06 | -0.04 | -0.03 |
| Price Change % | 3.0% | -8.84% | 4.15% | 2.33% |
Stock Performance
Shares of TOMI Environmental Solns were trading at $0.9251 as of November 10. Over the last 52-week period, shares are up 53.2%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
