QuidelOrtho (QDEL) To Report Earnings Tomorrow: Here Is What To Expect

Stock Story
2026.05.04 03:14
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QuidelOrtho (QDEL) is set to report earnings tomorrow after market hours. Last quarter, the company exceeded revenue expectations with $723.6 million, a 2.2% year-on-year increase, but missed full-year EPS guidance. Analysts expect a 3.5% revenue decline this quarter. Despite a 21.7% drop in share price recently, analysts maintain a positive outlook, with an average price target of $27 compared to the current price of $12.43. The healthcare equipment sector has seen positive sentiment, with peers like GE HealthCare and Intuitive Surgical reporting strong results.