Vuzix Corp (VUZI) is going to report earnings on August 09. Here's a few things you should know about before the report drops.
A consensus of analyst reports suggests Vuzix Corp will report an EPS (earnings per share) of -$0.12, GAAP of -$0.15, on revenue of $2.99M.
If you're a bull you'll primarily care about two things. The first is that the reported EPS beat analysts estimates. The stock should move on just that news alone. The second is that the report paints a vivid picture of how the company will grow in the coming quarters. EPS beat and and growth story, those are the things to watch.
Bears are one of the most intelligent land animals in North America. Which is why they'll be listening for news that the company underperformed the analysts' estimates. After that they'll want to see a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
If you haven't traded too many earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by the analysts' estimates, rather than from the earnings report itself. As you see more of these, your ability to recognize one or the other will improve.
As of August 01 shares of VUZI are trading at $8.17. Over the last 52-week period, the price is down -49.57%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.