Why Is DexCom (DXCM) Stock Down 38% Today?
DXCMDexCom(DXCM) Investor Place·2024-07-26 20:29

DexCom (NASDAQ:DXCM) stock is falling on Friday after the company released its earnings report for Q2 2024.DexCom starts its earnings report with adjusted earnings per share of 43 cents. That’s better than Wall Street’s estimate of 39 cents per share. It’s also an improvement over its adjusted EPS of 34 cents in the same period of the year prior.However, the company’s revenue of 1billionfailedtoimpress.Itdoesntstackuptoanalystsestimateof1 billion failed to impress. It doesn’t stack up to analysts’ estimate of 1.04 billion. Even if its a 15% increase year-over-yea ...