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Stock impact report

InMode (INMD) Soars 6.8%: Is Further Upside Left in the Stock? [Yahoo! Finance]

InMode Ltd. - Ordinary Shares (INMD) 
Last inmode ltd. - ordinary shares earnings: 2/18 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
This compares to the stock's 23% loss over the past four weeks. The upside can be attributed to relief-rally across global markets following the announcement of a 90-day pause on tariff hike by the United States. This maker of cosmetic surgery devices is expected to post quarterly earnings of $0.45 per share in its upcoming report, which represents no change from the year-ago quarter. Revenues are expected to be $91.9 million, up 14.5% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For InMode, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on INMD going forward to see if this r Show less Read more
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