Why OSI Systems Seems Radioactive Today
OSI Systems stock is cheaper than it looks -- but is it cheap enough?
Overview
X-ray luggage and parcel examiner OSI Systems (NASDAQ: OSIS) stock tumbled 9.9% through 11:40 a.m. ET Friday morning after reporting mixed earnings on Thursday.
Heading into the company's Q4 report, analysts were looking for $3.77 per share in non-GAAP profit on sales of $529.7 million, as TheFly.com reports. Unfortunately, while OSI beat earnings with $3.78 per share in profit, its sales fell far short of expectations, coming in at just $484.1 million.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.