Earnings Preview: Catalyst Pharmaceuticals


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Catalyst Pharmaceuticals (NASDAQ: CPRX) announces its next round of earnings this Monday, August 10. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.

Earnings and Revenue

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Wall Street analysts see Catalyst Pharmaceuticals reporting earnings of $0.08 per share on sales of $29.48 million. In the same quarter last year, Catalyst Pharmaceuticals reported earnings per share of $0.1 on sales of $28.84 million. If the company were to report in-line earnings when it publishes results Monday, earnings would be down 20.0%. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.09 0.10 0.11 0.02
EPS Actual 0.10 0.07 0.13 0.10
Revenue Estimate 31.46 M 29.40 M 33.18 M 18.49 M
Revenue Actual 29.14 M 30.12 M 30.90 M 28.84 M

Stock Performance

Over the last 52-week period, shares are down 17.68%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Catalyst Pharmaceuticals is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://78449.themediaframe.com/dataconf/productusers/cprx/mediaframe/39672/indexl.html


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Posted In: Earnings