CV Sciences Inc (CVSI)

[GE_Jim]

This is from Zacks, please read carefully about the guessing and their disclaimers.

Analysts Estimate CV Sciences, Inc. (CVSI) to Report a Decline in Earnings: What to Look Out for
10:32 am ET October 29, 2019 (Zacks) Print
CV Sciences, Inc. (CVSI) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2019. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 5. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus Estimate
This company is expected to post quarterly earnings of $0.01 per share in its upcoming report, which represents a year-over-year change of -66.7%.
Revenues are expected to be $18.87 million, up 38.8% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 25% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.