Global Blood Therapeutics (GBT) Scheduled to Post Earnings on Monday
Global Blood Therapeutics (NASDAQ:GBT) is scheduled to post its quarterly earnings results after the market closes on Monday, March 12th. Analysts expect Global Blood Therapeutics to post earnings of ($0.72) per share for the quarter.
Global Blood Therapeutics (NASDAQ:GBT) last issued its quarterly earnings results on Tuesday, February 27th. The company reported ($0.94) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.72) by ($0.22). On average, analysts expect Global Blood Therapeutics to post $-3 EPS for the current fiscal year and $-4 EPS for the next fiscal year.
Global Blood Therapeutics (NASDAQ:GBT) opened at $60.95 on Monday. Global Blood Therapeutics has a 12-month low of $24.02 and a 12-month high of $68.05. The company has a market capitalization of $2,800.00 and a price-to-earnings ratio of -22.16.
A number of research analysts recently commented on the company. ValuEngine cut Global Blood Therapeutics from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. BidaskClub cut Global Blood Therapeutics from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 20th. Janney Montgomery Scott assumed coverage on Global Blood Therapeutics in a research report on Tuesday, February 13th. They issued a “buy” rating and a $75.00 price target on the stock. William Blair restated a “buy” rating on shares of Global Blood Therapeutics in a research report on Wednesday, February 28th. Finally, Zacks Investment Research upgraded Global Blood Therapeutics from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. Two equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $68.64.
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About Global Blood Therapeutics
Global Blood Therapeutics, Inc is a clinical-stage biopharmaceutical company. The Company is engaged in discovering, developing and commercializing therapeutics to treat blood-based disorders. The Company is developing its initial product candidate, GBT440, as an oral, once-daily therapy for sickle cell disease (SCD).
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