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OraSure Technologies Q3 Earnings Surpass Estimates

“OraSure Technologies (OSUR) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.03 per share” writes Zacks Equity Research for nasdaq.com. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for OraSure was mixed.OraSure, which belongs to the Zacks Medical – Products industry, posted revenues of $35.99 million for the quarter ended September 2019, missing the Zacks Consensus Estimate by 5.13%.
 
Source: nasdaq.com



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