Zacks: Brokerages Expect Zealand Pharma A/S (ZEAL) to Post -$0.36 EPS
Brokerages expect Zealand Pharma A/S (NASDAQ:ZEAL) to report earnings of ($0.36) per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Zealand Pharma A/S’s earnings. The firm is expected to issue its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that Zealand Pharma A/S will report full year earnings of ($1.63) per share for the current fiscal year. For the next year, analysts expect that the company will report earnings of ($1.43) per share. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that cover Zealand Pharma A/S.
Several equities research analysts have issued reports on ZEAL shares. Goldman Sachs Group, Inc. (The) started coverage on shares of Zealand Pharma A/S in a research note on Wednesday, September 27th. They set a “buy” rating on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $26.00 target price on shares of Zealand Pharma A/S in a research report on Monday, October 16th. Guggenheim assumed coverage on Zealand Pharma A/S in a research report on Tuesday, September 5th. They set a “buy” rating and a $28.00 price objective for the company. Finally, Morgan Stanley started coverage on Zealand Pharma A/S in a research report on Tuesday, September 5th. They set an “overweight” rating and a $28.00 price objective for the company.
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Zealand Pharma A/S (NASDAQ ZEAL) traded down $1.15 on Friday, reaching $15.45. 27,245 shares of the company’s stock were exchanged, compared to its average volume of 11,293. Zealand Pharma A/S has a 12 month low of $15.10 and a 12 month high of $20.37.
Zealand Pharma A/S Company Profile
Zealand Pharma A/S, a biotech company, engages in the discovery, design, and development of novel peptide-based medicines in Denmark. The company markets Lixisenatide, a once-daily prandial GLP-1 peptide receptor agonist for the treatment of type 2 diabetes under the Adlyxin and Lyxumia names; and Soliqua 100/33/Suliqua, a combination of lixisenatide and insulin glargine, and a GLP-1 receptor agonist for the treatment of type 2 diabetes.
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