At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. This has provided investors with an annual return … View daily, weekly or monthly … The company has topped consensus revenue estimates two times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Omeros shares have added about 0.3% since the beginning of the year versus the S&P 500's gain of 3.7%.While Omeros has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Earnings ICU Medical Inc's (NASDAQ: ICUI) second-quarter revenue fell from $312.3 million in 2019 to $303.4 million, and adjusted EPS fell from $1.99 to $1.65. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. Omeros (OMER) came out with a quarterly loss of $0.48 per share versus the Zacks Consensus Estimate of a loss of $0.54. Across the first two dose cohorts, itolizumab has been generally well-tolerated to date, and five of seven patients achieved a complete response by day 29, the company said.Additionally, Equillium said it has submitted a request to the FDA for a pre-IND meeting to review its proposal to initiate a global randomized controlled clinical trial to study itolizumab in hospitalized patients with COVID-19.The stock was trading 21.29% higher premarket Tuesday at $12.19. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Scaling The Peaks (Biotech Stocks Hitting 52-week Highs Aug. 10) * Allovir Inc (NASDAQ: ALVR) * BioLife Solutions Inc (NASDAQ: BLFS) * BioSpecifics Technologies Corp. (NASDAQ: BSTC) (reacted to second-quarter results) * CymaBay Therapeutics Inc (NASDAQ: CBAY) * Eton Pharmaceuticals Inc (NASDAQ: ETON) * Fennec Pharmaceuticals Inc (NASDAQ: FENC) * Fulgent Genetics Inc (NASDAQ: FLGT) * Harvard Bioscience, Inc. (NASDAQ: HBIO) * Inari Medical Inc (NASDAQ: NARI) * Kura Oncology Inc (NASDAQ: KURA) * Omeros Corporation (NASDAQ: OMER) (announced positive results for the study of its lead asset in COVID-19) * Pacira Biosciences Inc (NASDAQ: PCRX) * RedHill Biopharma Ltd (NASDAQ: RDHL) * Rocket Pharmaceuticals Inc (NASDAQ: RCKT) * Seres Therapeutics Inc (NASDAQ: MCRB) (reacted to positive late-stage clinical readout) * Silk Road Medical Inc (NASDAQ: SILK) * Sorrento Therapeutics Inc (NASDAQ: SRNE) * Trevena Inc (NASDAQ: TRVN) (announced FDA nod for pain drug) * Unity Biotechnology Inc (NASDAQ: UBX) * Vaxcyte Inc (NASDAQ: PCVX)Down In The Dumps (Biotech Stocks Hitting 52-week Lows Aug. 10) * Checkmate Pharmaceuticals Inc (NASDAQ: CMPI) (went public Friday) * Freeline Therapeutics Holdings plc ADS (NASDAQ: FRLN) (went public Friday) * Lantern Pharma Inc. (NASDAQ: LTRN) * Nkarta Inc (NASDAQ: NKTX) * Recro Pharma Inc (NASDAQ: REPH) (reacted to second-quarter results)Stocks In Focus Equillium Announces Positive Interim Data For Lead Drug, Requests Pre-IND Meeting For COVID-19 Study Equillium Inc (NASDAQ: EQ) announced positive interim data from the first two cohorts of the Phase 1b open label, dose escalation portion of the EQUATE study of itolizumab in acute graft-versus-host disease. Omeros Corporation (Nasdaq: OMER) today announced that the results of its pivotal trial of narsoplimab in the treatment of hematopoietic stem cell transplant-associated thrombotic microangiopathy (HSCT-TMA) were shared during an oral presentation at the virtual edition of the 25th Congress of the European Hematology Association (EHA). Get prepared with the key expectations. Share your opinion and gain insight from other stock traders and investors. The loss per share widened from 30 cents to 83 cents. The study did not meet the primary or secondary endpoints.The company also reported second-quarter results, showing a modest increase in revenue but a decline in EPS, which beat the consensus estimate by a penny.The stock was down 11.14% at $3.79 premarket. Analysts estimated a loss of 17 cents per share on revenue of $2.61 million.The stock was down 11.01% at $16.90 premarket Tuesday. Discover historical prices for OMER stock on Yahoo Finance. Do the numbers hold clues to what lies ahead for the stock?Why Dynavax Technologies, Heat Biologics, and Inovio Pharmaceuticals Are Cratering TodayWeekly Expected Moves For SPY, INO, DKNG, CSCO, LYFT And MoreAlpha and Omega Semiconductor (AOSL) Beats Q4 Earnings and Revenue EstimatesCENTENNIAL RES (CDEV) Reports Earnings, Tops Revenue Estimates (Revised)Discover new investment ideas by accessing unbiased, in-depth investment research
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