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It has been about a month since the last earnings report for ResMed (RMD). Shares have lost about 1.7% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is ResMed due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
ResMed Q2 Earnings Beat Estimates, Margin...
>>> Read more: Why Is ResMed (RMD) Down 1.7% Since Last Earnings Report?
Will the recent negative trend continue leading up to its next earnings release, or is ResMed due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
ResMed Q2 Earnings Beat Estimates, Margin...
>>> Read more: Why Is ResMed (RMD) Down 1.7% Since Last Earnings Report?