Zacks: Brokerages Expect Pulmatrix Inc (NASDAQ:PULM) Will Announce Earnings of -$0.39 Per Share
Brokerages expect Pulmatrix Inc (NASDAQ:PULM) to announce ($0.39) earnings per share for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Pulmatrix’s earnings. Pulmatrix posted earnings of ($1.30) per share in the same quarter last year, which suggests a positive year-over-year growth rate of 70%. The business is scheduled to issue its next earnings results on Friday, August 2nd.
According to Zacks, analysts expect that Pulmatrix will report full-year earnings of ($2.04) per share for the current fiscal year. For the next fiscal year, analysts forecast that the company will report earnings of ($1.73) per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that follow Pulmatrix.
Pulmatrix (NASDAQ:PULM) last issued its quarterly earnings results on Wednesday, May 15th. The biotechnology company reported ($0.60) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.59) by ($0.01).
Shares of Pulmatrix stock opened at $0.92 on Wednesday. Pulmatrix has a 52-week low of $0.72 and a 52-week high of $5.90. The business has a 50 day moving average price of $0.98. The stock has a market capitalization of $16.64 million, a P/E ratio of -0.18 and a beta of 1.33.
Pulmatrix Company Profile
Pulmatrix, Inc, a clinical stage biopharmaceutical company, develops inhaled therapies to address serious pulmonary diseases using its inhaled Small Particles Easily Respirable and Emitted (iSPERSE) technology. Its proprietary product pipeline focuses on advancing treatments for serious lung diseases, including Pulmazole, an inhaled anti-fungal for patients with allergic bronchopulmonary aspergillosis; and PUR1800, kinase inhibitor for patients with obstructive lung diseases, such as asthma and chronic obstructive pulmonary disease (COPD).
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