Benzinga | Nov 12, 2021 10:58AM EST

Earnings Outlook For Milestone Scientific

Milestone Scientific (AMEX:MLSS) is set to give its latest quarterly earnings report on Monday, 2021-11-15. Here's what investors need to know before the announcement.

Analysts estimate that Milestone Scientific will likely report an Earnings Per Share (EPS) of $-0.02

Milestone Scientific 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).

Past Earnings Performance

Last quarter the company beat on EPS by 100.00%, which was followed by a 4.68% drop in the share price the next day.

Here's a look at Milestone Scientific's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate -0.02 -0.02 -0.02 -0.04EPS Actual -0.04 -0.01 -0.01 -0.02Price Change % -4.68% -0.91% 4.2% -3.16%

Stock Performance

Shares of Milestone Scientific were trading at $2.38 as of November 11. Over the last 52-week period, shares are up 50.8%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

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