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 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%.

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