Salarius Pharmaceuticals SLRX is set to give its latest quarterly earnings report on Friday, 2022-08-05. Here's what investors need to know before the announcement.
Analysts estimate that Salarius Pharmaceuticals will report an earnings per share (EPS) of $-0.10.
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).
Historical Earnings Performance
Last quarter the company missed EPS by $0.04, which was followed by a 15.36% drop in the share price the next day.
Here's a look at Salarius Pharmaceuticals's past performance and the resulting price change:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | -0.08 | -0.06 | -0.06 |
| EPS Actual | -0.13 | -0.09 | -0.08 | -0.07 |
| Price Change % | -15.36% | -26.62% | -9.3% | 6.6% |
Stock Performance
Shares of Salarius Pharmaceuticals were trading at $0.1845 as of August 03. Over the last 52-week period, shares are down 77.45%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
