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OrthoPediatrics (KIDS) Soars 7.5%: Is Further Upside Left in the Stock?
KIDSOrthoPediatrics(KIDS) ZACKS·2024-07-17 10:20

Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. This maker of orthopedic devices is expected to post quarterly loss of 0.31pershareinitsupcomingreport,whichrepresentsayearoveryearchangeof63.20.31 per share in its upcoming report, which represents a year-over-year change of -63.2%. Revenues are expected to be 52.4 million, up 32.5% from the year-ago quarter. The stock currently carries a ...