Kopin(KOPN) ZACKS·2024-11-12 14:45Core Viewpoint - Kopin reported a quarterly loss of 0.05, indicating a 40% earnings surprise [1] - The company has shown mixed performance in terms of earnings estimates and revenue growth over the past year [2][6] Financial Performance - For the quarter ended September 2024, Kopin posted revenues of 10.6 million in the same quarter last year [2] - The company has surpassed consensus revenue estimates three times in the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is -13.17 million, and for the current fiscal year, it is -48.18 million [7] Stock Performance - Kopin shares have declined approximately 63.1% since the beginning of the year, contrasting with the S&P 500's gain of 25.8% [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting it is expected to perform in line with the market in the near future [6] Industry Outlook - The Electronics - Miscellaneous Products industry, to which Kopin belongs, is currently ranked in the top 23% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Kopin's stock performance [5]