TTOO Earning Date, Earning Analysis and Earning Prediction

Quarterly Results

TTOO Earnings Forecast

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Earnings Forecast

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Currency: USD

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Earnings Surprise Analysis

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Earnings Reaction

The chart below shows how TTOO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TTOO sees a 18.48% change in stock price 10 days leading up to the earnings, and a 12.72% change 10 days following the report. On the earnings day itself, the stock moves by -4.41%. This data can give you a slight idea of what to expect for the next quarter's release.

For example, in JUN/2024, the stock changed 3.16% on the day following the earnings release and then changed by -21.1% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.

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Frequently Asked Questions

What were the key highlights of TTOO's latest earnings report for FY2024Q2?

TTOO reported its FY2024Q2 earnings on 2024-07-29, showcasing a revenue of 1.95M against an estimate of 2.10M, resulting in a -7.05% surprise. The EPS was -0.66, surpassing the expected 0 by 0%. The stock experienced a -6.88% price change on the earnings day and a -3.93% change over the next five days, reflecting market reactions to the results.

How did TTOO's stock price react after the FY2024Q2 earnings release?

Following TTOO's FY2024Q2 earnings announcement on 2024-07-29, the stock price moved by -6.88% on the day of the release. Over the subsequent five days, it saw a -3.93% change. Historically, TTOO's stock price tends to shift by an average of 18.48% in the 10 days leading up to earnings and 12.72% in the 10 days following, providing insight into potential market.

What are the revenue and EPS estimates for TTOO for 2024/Q4?

For 2024/Q4, analysts estimate TTOO's annual revenue to reach 3.70M, while the EPS is projected at undefined. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

How does TTOO's stock price correlate with earnings forecast revisions?

The correlation between TTOO's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

What should investors expect from TTOO's next earnings report?

Based on historical trends, TTOO's stock price typically moves by 18.48% in the 10 days before its earnings and 12.72% in the 10 days after. For the upcoming 2024/Q4 earnings, analysts expect an EPS of undefined and revenue of 3.70M.

What is the sentiment in T2 Biosystems, Inc. (TTOO) Q3 2024 Earnings Call Summary?

The earnings call presented a mix of positive and negative factors. Positively, there were record revenues, strategic partnerships, and cost savings. However, concerns include regulatory challenges, financial instability, and unclear guidance on partnership impacts. The Q&A highlighted uncertainty about the financial benefits of recent partnerships and ongoing operational risks. Given these mixed signals and the lack of a clear market cap, the stock price is likely to remain stable, resulting in a neutral prediction.