Published on 3 Jun 2022 on Zacks via Yahoo Finance
Quidel (QDEL) Down 9.8% Since Last Earnings Report: Can It Rebound?
It has been about a month since the last earnings report for Quidel (QDEL). Shares have lost about 9.8% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Quidel 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 catalysts.
QuidelOrtho Q1 Earnings, Revenues Surpass Estimates, Up Y/Y