Published on 23 Mar 2023 on Zacks via Yahoo Finance
QuidelOrtho (QDEL) Down 4.8% Since Last Earnings Report: Can It Rebound?
A month has gone by since the last earnings report for QuidelOrtho (QDEL). Shares have lost about 4.8% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is QuidelOrtho due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
QuidelOrtho Q4 Earnings Top Estimates, Margins Down