Earnings Preview : Align Technology ($ALGN) Will Be Unveiling Q3 2024 Earnings On 23rd October 2024

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Align Technology (NASDAQ: ALGN) has announced that it will be unveiling its third quarter financial results on Wednesday 23rd October 2024. The disclosure is planned to occur after market close.

It appears that the enterprise is on the verge of revealing their estimated $2.31 profit per share for the quarter, as well as their total revenue of $987.34 million for this specific period, according to financial experts on Wall Street.

Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $4.03 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $9.38 during the fiscal year.

During the same quarter of the previous year, the company's earnings report indicated a per-share income of $2.14. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $960.21 million during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $2.41 +8.6% 1.03 B +2.6%
Q1 2024 $2.14 +17.6% 997.43 M +5.8%
Q4 2023 $2.42 +39.9% 956.73 M +6.1%
Q3 2023 $2.14 +57.4% 960.21 M +7.8%
Q2 2023 $2.22 +11.0% 1.00 B +3.3%
*Growth on year-over-year basis

 

In addition, The firm will review the third quarter financial results on 23rd October 2024 at 04:30 PM eastern time, in a conference call with public.

Monday's trading saw Align Technology (ALGN) shares hit a low of $215.24 and a high of $220.00, with a day volume of 768.10 thousand shares. The stock closed the regular trading session at $216.56, marking 1.43 percent decline.