Earnings Outlook For Palatin Techs
Portfolio Pulse from Benzinga Insights
Palatin Techs (AMEX:PTN) is set to release its latest quarterly earnings report on September 28, 2023. Analysts estimate an earnings per share (EPS) of $-0.56. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. The stock is currently trading at $1.52, down 73.2% over the last 52-week period.
September 27, 2023 | 2:01 pm
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NEGATIVE IMPACT
Palatin Techs is expected to report an EPS of $-0.56. The company's history of missing EPS estimates and subsequent share price drops could potentially impact the stock negatively.
Palatin Techs has a history of missing EPS estimates, which has typically resulted in a drop in share price. Given this trend and the analysts' estimate of a negative EPS, it is likely that the stock price may be negatively impacted in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100