Concordia International Corp. (NASDAQ:CXRX) Set to Announce Earnings on Friday
Concordia International Corp. (NASDAQ:CXRX) (TSE:CXR) is set to post its quarterly earnings results before the market opens on Friday, August 11th. Analysts expect Concordia International Corp. to post earnings of $0.52 per share for the quarter.
Concordia International Corp. (NASDAQ:CXRX) (TSE:CXR) last released its quarterly earnings data on Wednesday, May 10th. The company reported ($0.37) earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by $0.89. The company had revenue of $160.56 million for the quarter, compared to analyst estimates of $168.09 million. Concordia International Corp. had a negative net margin of 185.54% and a negative return on equity of 83.96%. The firm’s revenue for the quarter was down 29.7% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.09) earnings per share. On average, analysts expect Concordia International Corp. to post $2.06 EPS for the current fiscal year and $2.96 EPS for the next fiscal year.
Shares of Concordia International Corp. (NASDAQ:CXRX) opened at 1.42 on Wednesday. The firm’s market capitalization is $72.55 million. Concordia International Corp. has a 12-month low of $1.09 and a 12-month high of $17.71. The firm’s 50-day moving average price is $1.45 and its 200-day moving average price is $1.68.
CXRX has been the topic of several research analyst reports. Zacks Investment Research raised shares of Concordia International Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. ValuEngine cut shares of Concordia International Corp. from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Seven research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock has a consensus rating of “Sell” and an average target price of $9.80.
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About Concordia International Corp.
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