TTOO) announces its next round of earnings this Tuesday, August 11. Here is Benzinga’s everything-that-matters guide for this Tuesday’s Q2 earnings announcement.
Earnings and Revenue
T2 Biosystems EPS is expected to be around $-0.15, according to sell-side analysts. Sales will likely be near $2.37 million. T2 Biosystems EPS in the same period a year ago totaled $-0.35. Revenue was $1.80 million. If the company were to report in-line earnings when it publishes results Tuesday, quarterly profit would be up 57.14%. Here’s how the company’s EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.23 | -0.27 | -0.31 | -0.32 |
| EPS Actual | -0.22 | -0.30 | -0.31 | -0.35 |
| Revenue Estimate | 2.63 M | 3.67 M | 2.04 M | 2.00 M |
| Revenue Actual | 2.54 M | 3.10 M | 1.68 M | 1.80 M |
Stock Performance
Over the last 52-week period, shares of T2 Biosystems are up 120.95%.
http://public.viavid.com/player/index.php?id=140859” data-reactid=”23″>Don’t be surprised to see the stock move on comments made during its conference call. T2 Biosystems is scheduled to hold the call at 16:30:00 ET and can be accessed here: http://public.viavid.com/player/index.php?id=140859
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