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Omnicell (OMCL)
:OMCL
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.58Last Year’s EPS
0.33Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: 6.11%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Neutral
Omnicell's third quarter 2024 results reflect a strong performance in service revenues and positive developments in the XT Amplify program, despite challenges in product revenues and a decrease in non-GAAP earnings metrics. The company shows resilience with improved cash position and revised profitability guidance, indicating a focus on long-term growth and operational efficiency.Company Guidance
During the Omnicell Q3 2024 earnings call, the company provided updated guidance for the year, reflecting a positive outlook based on recent performance and market conditions. Omnicell revised its full-year 2024 total revenue guidance to range between $1.1 billion and $1.11 billion, with the profitability guidance for non-GAAP earnings per share now expected to be between $1.65 and $1.72. The non-GAAP EBITDA guidance was also increased, with expectations set between $129 million and $134 million. For Q4 2024, Omnicell anticipates total revenue between $295 million and $305 million, with product revenues projected to be between $177 million and $182 million, and service revenues between $118 million and $123 million. The company highlighted successful cost management and operational improvements as key factors in achieving these revised projections, along with strong demand for their products and services.Strong Service Revenue Growth
Service revenues were $124 million, an increase of $4 million over the previous quarter and an increase of $14 million over the third quarter of 2023, driven by technical services and advanced services.
Revised Profitability Guidance
Omnicell raised full year 2024 profitability guidance ranges, reflecting strong demand and disciplined expense management.
Positive Signs from XT Amplify Program
The XT Amplify program is gaining market momentum with several new customer acquisitions, indicating strong future potential.
Advanced Services Growth
Advanced Services delivered another quarter of solid performance, with expectations for full year growth around 14%.
Cash Position Improvement
The cash and cash equivalent balance was $571 million, up from $557 million as of June 30, 2024.
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OMCL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OMCL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $40.12 | $53.05 | +32.23% |
| Aug 01, 2024 | $29.21 | $38.85 | +33.00% |
| May 02, 2024 | $27.17 | $29.29 | +7.80% |
| Feb 08, 2024 | $29.10 | $27.41 | -5.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Omnicell (OMCL) report earnings?
Omnicell (OMCL) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Omnicell (OMCL) earnings time?
Omnicell (OMCL) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OMCL EPS forecast?
OMCL EPS forecast for the fiscal quarter 2024 (Q4) is 0.58.
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