It focuses on conquer cancer through use of proprietary blood tests, vast data sets and advanced analytics. Guardant Health, Inc. operates as a biotechnology company. Experts have chosen 7 stocks out of 220 Zacks Rank #1 Strong Buys that have the highest potential to increase in price quickly amid the global health crisis. Visit www.zacksdata.com to get our data and content for your mobile app or website. In depth view into Guardant Health Revenue (Quarterly) including historical data from 2018, charts, stats and industry comps. Soon, it could detect cancer earlier than ever before. Net loss attributable to Guardant Health, Inc. common stockholders was $77.7 million for the third quarter of 2020, as compared to $12.8 million for the corresponding prior year period. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. 2020 Financial Guidance. Guardant Health adopted ASC 606 effective January 1, 2019, which primarily impacted the company’s recognition of revenue related to patient claims paid by … Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. We use cookies to understand how you use our site and to improve your experience. Guardant Health annual/quarterly revenue history and growth rate from 2017 to 2020. Guardant Health … Guardant Health's precision oncology revenue increased 21% year over year to $51 million. ZacksTrade and Zacks.com are separate companies. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Guardant Health has 622 employees at their 1 location and $214.38 M in annual revenue in FY 2019. The company's Guardant Health Oncology Platform is designed for clinical development, regulatory and reimbursement to drive commercial adoption, improve patient clinical outcomes and lower healthcare costs. Zacks Equity Research But that growth rate was much lower than the company's year-over-year growth in the first quarter. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. If you wish to go to ZacksTrade, click OK. Net Income-77.67. 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. Find the latest Revenue & EPS data for Guardant Health, Inc. Common Stock (GH) at Nasdaq.com. This includes personalizing content and advertising. Net loss is expected to be in the range of $155.0 million to $160.0 million in 2020. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. This quarterly report represents an earnings surprise of -42.50%. See insights on Guardant Health including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. It is classified as operating in the Medical Laboratories industry. 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. Privacy Policy | No cost, no obligation to buy anything ever. Q3 2020 Revenue Increase of 23% Over Prior Year Period. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Revenue was $67.5 million for the three months ended March 31, 2020, an 84% increase from $36.7 million for the three months ended March 31, 2019. The monthly returns are then compounded to arrive at the annual return. Guardant Health shares have added about 8.9% since the beginning of the year versus the S&P 500's gain of 3%. While Guardant Health has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. ... Guardant Health… Guardant Health (GH) delivered earnings and revenue surprises of -42.50% and 10.86%, respectively, for the quarter ended June 2020. These returns cover a period from January 1, 1988 through October 5, 2020. The current consensus EPS estimate is -$0.39 on $70.29 million in revenues for the coming quarter and -$1.48 on $279.28 million in revenues for the current fiscal year. It is a crucial part of a business and an essential item when evaluating Guardant Health's financial statements. Guardant Health, Inc. (GH) - free report >>. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. NYSE and AMEX data is at least 20 minutes delayed. Guardant Health revenue breakdown by geographic segment: 95.8% from United States and 4.2% from Other Statutory losses also blew out, with the loss per share reaching US$0.78, some 96% bigger than the analysts expected. Q3 2020 Revenue Increase of 23% Over Prior Year Period. Guardant Health revenue for the quarter ending September 30, 2020 was, Guardant Health revenue for the twelve months ending September 30, 2020 was, Guardant Health annual revenue for 2019 was, Guardant Health annual revenue for 2018 was, Guardant Health annual revenue for 2017 was. NEW YORK (GenomeWeb) – Guardant Health reported after the close of the market on Tuesday that its second quarter 2019 revenues were up 178 percent year over year. Guardant Health, which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $66.34 million for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 10.86%. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. The company has topped consensus revenue estimates four times over the last four quarters. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Guardant Health Revenue is currently at 257.59 M. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms and Conditions of Service. For 32 years, our Strong Buy list has averaged returns more than twice the market. Guardant Health, which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $74.57 million for the quarter ended … A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Do the numbers hold clues to what lies ahead for the stock? Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Zacks Ranks stocks can, and often do, change throughout the month. A recent pick, Maxar, skyrocketed +178.7% in 3 months. Please check your download folder. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. It launched multiple liquid biopsy-based tests, Guardant360 and GuardantOMNI, for advanced stage cancer patients, which fuel its development programs for recurrence and early detection, LUNAR-1 and LUNAR-2. Guardant Health expects full year 2020 revenue to be in the range of $275.0 million to $285.0 million, representing 31% growth over the full year 2019 at the midpoint of the range. Guardant Health expects full year 2020 revenue to be in the range of $275.0 million to $285.0 million, representing 31% growth over the full year 2019 at the midpoint of the range. Over the last four quarters, Guardant Health's revenue has grown by 18.6%. Q1 2020 Revenue Increase of 84% Over Prior Year Period. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. A simple blood draw helps cancer patients get the right drug. This compares to loss of $0.13 per share a year ago. Guardant Health, Inc. … Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Guardant Health last announced its earnings data on November 5th, 2020. Delayed quotes by Sungard. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. Guardant Health revenue for the quarter ending September 30, 2020 was $0.075B, a … Guardant Health, Inc. (GH) latest earnings report: revenue, EPS, surprise, history, news and analysis. The company had revenue of $74.66 million for the quarter, compared to analyst estimates of $65.99 million. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. View 4,000+ financial data types. Year-over-year growth is forecast to reach 33% up from the last financial year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. Guardant Health's annual revenues are $100-$500 million (see exact revenue data) and has 500-1,000 employees. Now FDA Approved. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Learn what Wall Street already knows in our Zacks Rank Guide. Real time prices by BATS. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 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