On Monday, May 6, Luminex (NASDAQ: LMNX) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Based on management's projections, Luminex analysts model for earnings of 7 cents per share on sales of $83.11 million.
In the same quarter last year, Luminex reported earnings per share of 25 cents on sales of $82.66 million. If the company were to post earnings inline with the consensus estimate when it reports Monday, EPS would be down 72 percent. Revenue would be up 0.54 percent from the same quarter last year. Luminex's reported EPS has stacked up against analyst estimates in the past like this:
|Quarter||Q4 2018||Q3 2018||Q2 2018||Q1 2018||Q4 2017|
Shares of Luminex were trading at $23.7 as of May 6. Over the last 52-week period, shares are up 11.27 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Over the past 90 days, analysts have generally adjusted their estimates lower for EPS and revenues. The average rating by analysts on Luminex stock is a Sell. The strength of this rating has maintained conviction over the past 90 days.
Luminex's conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/kycqdumq
See more from Benzinga
- Lannett Q3 Earnings Preview
- Q1 Earnings Outlook For International Flavors
- GW Pharmaceuticals Q2 Earnings Preview
© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.