Fortress Biotech's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Fortress Biotech (NASDAQ:FBIO) is set to release its latest quarterly earnings report on Friday, 2023-05-26, with analysts estimating an EPS of $-0.20. The company's past earnings performance has resulted in share price changes, and its stock is currently down 44.89% over the last 52-week period.
May 25, 2023 | 2:10 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Fortress Biotech is expected to report an EPS of $-0.20 in its upcoming earnings release. The company's stock has experienced significant price changes following past earnings reports and is currently down 44.89% over the last 52 weeks.
Fortress Biotech's earnings report is expected to have a neutral short-term impact on its stock price. While past earnings have resulted in price changes, the current estimate of $-0.20 EPS and the stock's 44.89% decline over the last 52 weeks make it difficult to predict a clear direction. The stock's performance will likely depend on whether the company beats or misses the estimate and provides positive or negative guidance for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100