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
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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.
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IMPORTANCE 80
RELEVANCE 100