OTC Markets Gr (OTC:OTCM) is set to give its latest quarterly earnings report on Wednesday, 2022-05-11. Here's what investors need to know before the announcement.
Analysts estimate that OTC Markets Gr will report an earnings per share (EPS) of $0.65.
OTC Markets Gr bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at OTC Markets Gr's past performance and the resulting price change:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.46 | 0.40 | 0.39 | |
| EPS Actual | 0.98 | 0.90 | 0.86 | 0.82 |
| Price Change % | 3.74% | 5.36% | 3.28% | 0.0% |
Stock Performance
Shares of OTC Markets Gr were trading at $55.025 as of May 09. Over the last 52-week period, shares are up 33.33%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for OTC Markets Gr visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
