Countdown to OPKO Health (OPK) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS

Wall Street analysts forecast that OPKO Health (OPK) will report quarterly loss of $0.11 per share in its upcoming release, pointing to a year-over-year decline of 22.2%. It is anticipated that revenues will amount to $155.14 million, exhibiting a decline of 14.7% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.Bearing this in mind, let's now explore the average estimates of specific OPKO Health metrics that are commonly monitored and projected by Wall Street analysts.Analysts forecast 'Revenues- Revenue from transfer of intellectual property and other' to reach $14.89 million. The estimate indicates a change of +1.3% from the prior-year quarter.The consensus estimate for 'Revenues- Revenue from products' stands at $42.96 million. The estimate points to a change of -0.1% from the year-ago quarter.Analysts' assessment points toward 'Revenues- Revenue from services' reaching $97.29 million. The estimate indicates a year-over-year change of -21.7%.View all Key Company Metrics for OPKO Health here>>>Over the past month, shares of OPKO Health have returned +17% versus the Zacks S&P 500 composite's -1.8% change. Currently, OPK carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report OPKO Health, Inc. (OPK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks