Earnings Outlook For Durect
Portfolio Pulse from Benzinga Insights
Durect (NASDAQ:DRRX) is set to release its latest quarterly earnings report on Wednesday, 2023-08-09. Analysts estimate an earnings per share (EPS) of $-0.51. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $3.09, down 55.48% over the last 52-week period.
August 08, 2023 | 5:01 pm
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NEUTRAL IMPACT
Durect's upcoming earnings release could potentially impact its stock price. The company's past earnings have shown a mixed effect on the share price. The stock is currently down 55.48% over the last 52-week period.
The upcoming earnings release is a significant event for Durect. The company's past earnings have shown a mixed impact on the share price, indicating that the market's reaction can be unpredictable. Furthermore, the stock's significant decline over the past year suggests that investors may be cautious.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100