OWLT Earnings Prediction
The chart below shows how OWLT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, OWLT sees a -5.46% change in stock price 10 days leading up to the earnings, and a -5.10% change 10 days following the report. On the earnings day itself, the stock moves by +3.45%. This data can give you a slight idea of what to expect for the next quarter's release.
OWLT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
--
--
--
Gross Margin
--
--
--
Operating Margin
--
--
--
Net Margin
--
--
--
EPS
--
--
--
No Data Available
OWLT Earnings Analysis
Owlet Inc Corporation (OWLT.N) Earnings Conference Call
Positive
Earnings Surprise Beat: Owlet, Inc. beat earnings expectations with a reported EPS of $-0.07, significantly better than the expected $-0.51.
Innovative Infant Health Monitors: The company launched two FDA-cleared devices, Dream Sock and Baby Sat, which are defining a new category of medical-grade infant health monitors.
Global Expansion and Revenue Growth: Owlet expanded its global footprint, achieving CE Medical approval in Europe and reaching a total of 26 countries by year-end, contributing to 98% of international revenue growth in 2024 versus 2023.
Insurance Reimbursement Expansion: The company laid groundwork for insurance reimbursement opportunities in the medical market, expanding medical distribution channels and rolling out to twelve Medicaid states.
Home Care Subscription Service: Owlet launched the Owlet 360 subscription service, aimed at moving the center of care to the home and helping parents navigate health and sleep challenges.
Negative
Earnings Beat, Ongoing Losses: Despite beating earnings expectations with an EPS of $-0.07 compared to the expected $-0.51, the company still reported a loss, indicating ongoing financial challenges.
Market Competition Impact: The company faced significant competition in the medical-grade infant health monitor market, which could impact future sales and market share.
International Revenue Concerns: Owlet's reliance on international revenue growth, which accounted for 98% of the increase in 2024, raises concerns about the sustainability of growth if international markets face regulatory or economic challenges.
Subscription Service Launch Challenges: The rollout of the Owlet 360 subscription service, while a strategic move, may not yield immediate financial benefits and could require substantial marketing and operational investments.
Insurance Reimbursement Challenges: The company is still in the early stages of establishing insurance reimbursement channels, which could take time to materialize and may not guarantee success.
OWLT FAQs
How does OWLT typically perform around its earnings report dates?
Is Owlet Inc (OWLT) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
OWLT Earning Call Sentiment
Owlet, Inc. (NYSE:OWLT) Q4 2024 Earnings Call Transcript
OWLT.N
-0.26%Positive
The earnings call presents a strong financial performance with significant international revenue growth and better-than-expected EPS. The launch of FDA-cleared devices and expansion into new markets are positive indicators. Despite some risks such as regulatory issues and competitive pressures, the optimistic guidance and strategic initiatives, including insurance reimbursement groundwork, suggest a positive outlook. The absence of a share buyback program and unclear management responses in the Q&A slightly temper enthusiasm, but overall, the sentiment is positive, likely resulting in a 2% to 8% stock price increase.
