Analyst Projections for OSI Systems (OSIS) Q2 Earnings Insights

Los Angeles: Wall Street analysts are expecting OSI Systems (OSIS) to report earnings of $2.35 per share for the upcoming quarter. This would be a 6.3% increase from last year. They also anticipate revenues to hit $402.85 million, which is a 7.9% rise compared to the same quarter last year.

Interestingly, there haven’t been any changes to the earnings per share estimates in the last month. This means analysts are sticking to their original forecasts, which is a good sign.

Before earnings are announced, it’s important to look at any changes in projections. These adjustments can really influence how investors react to the stock. Studies show that earnings estimates often correlate with short-term price movements.

Investors usually rely on consensus estimates to gauge a company’s performance, but digging into specific metrics can provide a clearer picture.

Analysts project that the Healthcare division will generate $42.85 million in revenue, marking a 2.4% increase year over year. For the Optoelectronics and Manufacturing division, they expect revenues to be around $96.55 million, which is a slight decline of 1.6% from last year.

On the other hand, the Security division is forecasted to bring in $281.24 million, reflecting a solid 12.5% growth compared to the previous year.

In the past month, OSI shares have dipped by 4.9%, while the S&P 500 composite has only seen a 0.4% decline. With a Zacks Rank of #2 (Buy), OSIS is expected to outperform the market soon.

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