Salarius Pharmaceuticals's Earnings: A Preview

Salarius Pharmaceuticals (NASDAQ:SLRX) is set to give its latest quarterly earnings report on Thursday, 2022-03-10. Here's what investors need to know before the announcement.

Analysts estimate that Salarius Pharmaceuticals will report an earnings per share (EPS) of $-0.08.

Salarius Pharmaceuticals bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company missed EPS by $0.02, which was followed by a 9.3% drop in the share price the next day.

Here's a look at Salarius Pharmaceuticals's past performance and the resulting price change:

Stock Performance

Shares of Salarius Pharmaceuticals were trading at $0.384 as of March 08. Over the last 52-week period, shares are down 75.14%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here