-$0.80 EPS Expected for Can-Fite Biopharma Ltd (NASDAQ:CANF) This Quarter
Wall Street brokerages forecast that Can-Fite Biopharma Ltd (NASDAQ:CANF) will report earnings per share of ($0.80) for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Can-Fite Biopharma’s earnings. Can-Fite Biopharma reported earnings of ($0.90) per share in the same quarter last year, which suggests a positive year-over-year growth rate of 11.1%. The business is expected to issue its next quarterly earnings report on Friday, August 30th.
According to Zacks, analysts expect that Can-Fite Biopharma will report full year earnings of ($1.49) per share for the current fiscal year. For the next financial year, analysts anticipate that the firm will report earnings of ($0.32) per share. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Can-Fite Biopharma.
Can-Fite Biopharma (NASDAQ:CANF) last issued its quarterly earnings results on Wednesday, May 29th. The company reported ($1.20) EPS for the quarter, topping the Zacks’ consensus estimate of ($1.94) by $0.74. The business had revenue of $0.30 million for the quarter.
Can-Fite Biopharma stock traded up $0.04 during mid-day trading on Tuesday, reaching $2.83. 11,400 shares of the company’s stock were exchanged, compared to its average volume of 129,984. The business has a fifty day simple moving average of $3.42. Can-Fite Biopharma has a one year low of $2.66 and a one year high of $25.95.
About Can-Fite Biopharma
Can-Fite BioPharma Ltd., a clinical-stage biopharmaceutical company, develops small molecule therapeutic products for the treatment of autoimmune-inflammatory, oncological, and liver diseases, as well as sexual dysfunction. The company's lead drug candidate is CF101, which is in Phase III clinical trials for the treatment of rheumatoid arthritis and psoriasis.
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