OmniAb Inc (OABI, Financial) is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is $8.40 million, and the earnings are expected to come in at -$0.14 per share. The full year 2024's revenue is expected to be $31.15 million and the earnings are expected to be -$0.57 per share. More detailed estimate data can be found on the Forecast page.
OmniAb Inc (OABI, Financial) Estimates Trends
Over the past 90 days, revenue estimates for OmniAb Inc (OABI) for the full year 2024 have increased from $30.23 million to $31.15 million. However, the 2025 revenue estimate has declined from $53.51 million to $54.08 million. Earnings estimates for 2024 have seen an improvement from -$0.58 per share to -$0.57 per share, while the 2025 earnings estimate has been revised downward from -$0.37 per share to -$0.38 per share.
OmniAb Inc (OABI, Financial) Reported History
In the previous quarter of 2024-06-30, OmniAb Inc's (OABI) actual revenue was $7.61 million, which beat analysts' revenue expectations of $5.765 million by 32.07%. OmniAb Inc's (OABI) actual earnings were -$0.13 per share, which beat analysts' earnings expectations of -$0.17 per share by 23.53%. After releasing the results, OmniAb Inc (OABI) was down by -1.17% in one day.
OmniAb Inc (OABI, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 8 analysts, the average target price for OmniAb Inc (OABI) is $9.75 with a high estimate of $12 and a low estimate of $8. The average target implies an upside of 115.71% from the current price of $4.52.
Based on GuruFocus estimates, the estimated GF Value for OmniAb Inc (OABI, Financial) in one year is $0, suggesting a downside of -100% from the current price of $4.52.
Based on the consensus recommendation from 8 brokerage firms, OmniAb Inc's (OABI, Financial) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
