Benzinga | Jul 28, 2020 01:56PM EDT

Hologic's Earnings Outlook

On Wednesday, July 29, Hologic (NASDAQ: HOLX) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Analysts predict Hologic will report earnings of $0.37 per share on revenue of $607.71 million. Hologic reported a per-share profit of $0.630 when it published results during the same quarter last year. Sales in that period totaled $852.40 million. If the company were to report inline earnings when it publishes results Wednesday, quarterly profit would be down 41.27%. Sales would be down 18.69% on a year-over-year basis. Here's how the Hologic's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2019 Q3 2019EPS Estimate 0.57 0.61 0.65 0.61EPS Actual 0.57 0.61 0.65 0.63Revenue Estimate 747.36 M 839.82 M 845.73 M 835.74 MRevenue Actual 756.10 M 850.50 M 865.80 M 852.40 M

Stock Performance

For a full 12 months, the return has risen by 21.72%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Don't be surprised to see the stock move on comments made during its conference call. Hologic is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/e9eoejo2