Longeveron Inc - Class A (LGVN) is reporting earnings next week. Lets focus in on what analysts expect of the biotech, and what bulls and bears are looking for.
Analysts think Longeveron Inc - Class A will report an EPS (earnings per share) of
-$0.23. Over the last 90 days, analysts haven't lowered estimates and raised them one times.
If you're a LGVN bull you'll want to hear that the company beat the analysts' estimates and is set to grow in coming quarters. Just as important as the earnings report, is the company's future.
Bears, on the other hand, will look to pounce if the company misses on EPS, Revenues, or future guidance. They will look to push a negative growth story for the stock in the coming quarters, and will gain more traction in a generally down market as opposed a market that is generally trending upwards.
If you're new to playing earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by a change in the analysts' estimates based on the Q&A from the conference call with management discussing the earnings report, rather than from the earnings report itself. The more of these moves you watch, the better you'll recognize the signs over time.
Shares of LGVN were trading at $6.1 as of August 04. Over the last 52-weeks, shares are down -86.44%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.