DexCom (DXCM) Stock: Why Its Trending Today

Jul 29th, 2022 11:55 EST

  • The DexCom (NASDAQ: DXCM) stock is trending today. This is why.

The DexCom (NASDAQ: DXCM) stock is trending today as the price fell over 15% pre-market. Investors are responding to DexCom’s second quarter results.

DexCom had reported a Q2 EPS of $0.17, which was $0.02 lower than analyst estimates of $0.19. And the revenue for the quarter was $696.2 million compared to the consensus estimate of $700.45 million.

Going forward, DexCom expects a Q3 2022 revenue of between $2.86 billion and $2.91 billion, compared to the consensus of $2.92 billion.

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