Published on 3 Nov 2023 on Zacks via Yahoo Finance
Fulgent Genetics, Inc. (FLGT) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -21.88%. A quarter ago, it was expected that this company would post a loss of $0.33 per share when it actually produced a loss of $0.08, delivering a surprise of 75.76%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.