Over 1 Year Ago
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Trading around DOMO's upcoming earnings report? A quick overview:
Domo Inc Cl B (DOMO) is reporting earnings on Thursday. Lets focus in on how the stock is performing.
A -$0.33 EPS, -$1.07 GAAP, on revenue of
A -$0.33 EPS, -$1.07 GAAP, on revenue of
$76.40M is expected to be reported by Domo Inc Cl B according to analyst consensus. Over the last 90 days, analysts have lowered estimates once and raised them 3 times.
DOMO bulls will be waiting to hear three things. The first is that the reported EPS beat the estimates of analysts. The stock will move on that news. The second is that the company is also reporting higher than expected revenues. Third, the company paints a picture of growth that guides analysts to a future of strong growth. If these three things happen, the share price should react positively.
Bears are one of the most intelligent land animals in North America. Which is why they'll be listening for news that 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 haven't traded too many earnings reports, it's important to be aware that 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. As you see more of these reports, your ability to recognize changes in investor sentiment will improve.
Shares of DOMO were trading at $32.27 as of August 17. Over the last 52-weeks, shares are down -67.19%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
DOMO bulls will be waiting to hear three things. The first is that the reported EPS beat the estimates of analysts. The stock will move on that news. The second is that the company is also reporting higher than expected revenues. Third, the company paints a picture of growth that guides analysts to a future of strong growth. If these three things happen, the share price should react positively.
Bears are one of the most intelligent land animals in North America. Which is why they'll be listening for news that 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 haven't traded too many earnings reports, it's important to be aware that 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. As you see more of these reports, your ability to recognize changes in investor sentiment will improve.
Shares of DOMO were trading at $32.27 as of August 17. Over the last 52-weeks, shares are down -67.19%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
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