Zacks: Brokerages Anticipate ADMA Biologics Inc (NASDAQ:ADMA) Will Announce Earnings of -$0.42 Per Share
Equities analysts predict that ADMA Biologics Inc (NASDAQ:ADMA) will announce ($0.42) earnings per share for the current quarter, Zacks reports. Two analysts have issued estimates for ADMA Biologics’ earnings, with estimates ranging from ($0.54) to ($0.29). ADMA Biologics posted earnings of ($0.50) per share in the same quarter last year, which suggests a positive year over year growth rate of 16%. The company is scheduled to issue its next quarterly earnings results on Friday, August 11th.
On average, analysts expect that ADMA Biologics will report full year earnings of ($1.64) per share for the current year, with EPS estimates ranging from ($2.16) to ($1.29). For the next financial year, analysts anticipate that the business will post earnings of ($1.47) per share, with EPS estimates ranging from ($2.06) to ($1.04). Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that that provide coverage for ADMA Biologics.
ADMA Biologics (NASDAQ:ADMA) last announced its earnings results on Friday, May 12th. The biotechnology company reported ($0.51) earnings per share for the quarter, missing the consensus estimate of ($0.28) by $0.23. The firm had revenue of $2.63 million for the quarter, compared to analyst estimates of $3.35 million.
Several equities research analysts have weighed in on ADMA shares. Maxim Group set a $13.00 price objective on shares of ADMA Biologics and gave the company a “buy” rating in a research report on Wednesday, June 7th. ValuEngine lowered shares of ADMA Biologics from a “sell” rating to a “strong sell” rating in a research note on Friday, June 2nd.
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Shares of ADMA Biologics (NASDAQ:ADMA) opened at 2.94 on Friday. The company has a 50-day moving average of $3.47 and a 200-day moving average of $4.19. ADMA Biologics has a 12 month low of $2.76 and a 12 month high of $7.70. The firm’s market cap is $37.88 million.
ADMA Biologics Company Profile
ADMA Biologics, Inc is a late-stage biopharmaceutical company that develops, manufactures and intends to market specialty plasma-based biologics for the treatment and prevention of infectious diseases. The Company is engaged in the development and commercialization of human plasma and plasma-derived therapeutics.
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