BioTime Q4 Earnings Outlook

On Thursday, BioTime BTX will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

BioTime EPS is expected to be at a loss of 7 cents, according to sell-side analysts. Sales will likely be near $940,000.

BioTime EPS in the same period a year ago came in at a loss of 5 cents. Sales were $1.08 million. Sales would have fallen 13.20 percent from the same quarter last year.

BioTime's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate -0.08   -0.09 -0.14
EPS Actual -0.08 -0.11 -0.08 -0.05

 

Stock Performance

Over the last 52-week period, shares are down 7.97 percent. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts generally rate BioTime stock as Neutral. The strength of this rating has dwindled over the past three months.

Conference Call

BioTime's Q4 conference call can be accessed here.

Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews
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