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Stock impact report

Fulgent Genetics (FLGT) Soars 6.6%: Is Further Upside Left in the Stock? [Yahoo! Finance]

Fulgent Genetics, Inc. (FLGT) 
Last fulgent genetics, inc. earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.fulgentgenetics.com
Company Research Source: Yahoo! Finance
This compares to the stock's 10.6% gain over the past four weeks. Fulgent Genetics scored a strong price increase on investors' optimism surrounding its impending second-quarter 2024 financial results, which is slated to release on Aug 2 post the closing bell. The Zacks Consensus Estimate for the second quarter revenue indicate a 1.3% growth year over year. Furthermore, Precision Diagnostics, presently the largest growth driver in the company's laboratory services business, posted a 34% year-over-year revenue growth in the first quarter. This company is expected to post quarterly loss of $0.31 per share in its upcoming report, which represents a year-over-year change of -287.5%. Revenues are expected to be $68.71 million, up 1.3% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock pric Show less Read more
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