How did ABCL's Q1 2025 EPS forecast compare to past trends?
4/12/2025 03:28pm
**ABCL's Q1 2025 EPS forecast is not currently available**, and the company's recent financial performance has been mixed.
1. **Recent Financial Performance**: In the most recent quarter ending on November 4, 2024, ABCL reported an EPS of $-0.17, which missed analysts' consensus estimates of $-0.14 by $-0.03. This indicates that the company's actual performance was worse than expected.
2. **Q4 2024 Earnings Estimate**: For the quarter ending December 31, 2024, the consensus estimate was $-0.15 per share. This suggests that if the trend continued, ABCL's Q1 2025 EPS could potentially be better than the Q4 2024 estimate, depending on the company's performance in the interim.
3. **Institutional Investor Activity**: Geode Capital Management LLC reduced its position in ABCL by 63.9% in the third quarter, which could indicate a lack of confidence in the company's short-term prospects. However, other institutional investors have increased their holdings, suggesting varied levels of optimism.
4. **Analyst Ratings and Price Targets**: Analysts have set a variety of price targets for ABCL, with an average one-year target price of $12.14, implying a potential upside from the current price. However, given the negative net margin and return on equity reported by the company, investors should approach these targets with caution.
In conclusion, ABCL's Q1 2025 EPS forecast is not currently available, and the company's recent performance has been underwhelming, with a notable earnings miss in the third quarter. However, there is some optimism based on analyst ratings and potential price appreciation. Investors should monitor the company's performance closely and consider the broader market context when evaluating ABCL's prospects.