Be aware that buying a stock close to earnings is risky, since disappointing numbers could send it sharply lower. You can minimize your risk by waiting to see the actual numbers and the market’s reaction. Another way to minimize the risk of a post-earnings sell-off is to use an options strategy.
Earnings growth fell last quarter from 248% to 124%. But revenue moved higher, from -19% to -2%.
Analysts are looking for earnings-per-share growth of 268% for the quarter, and 39% growth for the full year. Annual growth estimates were recently revised upward.
Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.
YOU MIGHT ALSO LIKE: