Benzinga | Jan 10, 2022 10:16AM EST

Earnings Outlook For OrganiGram Holdings

OrganiGram Holdings (NASDAQ:OGI) is set to give its latest quarterly earnings report on Tuesday, 2022-01-11. Here's what investors need to know before the announcement.

Analysts estimate that OrganiGram Holdings will likely report an Earnings Per Share (EPS) of $-0.02.

OrganiGram Holdings 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).

Historical Earnings Performance

Last quarter the company missed EPS by $0.03, which was followed by a 6.4% increase in the share price the next day.

Here's a look at OrganiGram Holdings's past performance and the resulting price change:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021EPS Estimate -0.04 -0.030EPS Actual -0.07 -0.011 -0.22 -0.13Price Change % 6.4% -10.2% -10.81% 4.43%

Stock Performance

Shares of OrganiGram Holdings were trading at $1.62 as of January 07. Over the last 52-week period, shares are up 9.49%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here