Earnings Preview For Calithera Biosciences

Earnings Preview For Calithera Biosciences

 

Calithera Biosciences CALA is set to give its latest quarterly earnings report on Monday, 2022-08-15. Here's what investors need to know before the announcement.

Analysts estimate that Calithera Biosciences will report an earnings per share (EPS) of $-2.65.

Calithera Biosciences 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).

Here's a look at Calithera Biosciences's past performance and the resulting price change:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate   -4.8 -4.6 -4.8
EPS Actual -3.6 -4.8 -3 -3.8
Price Change % -21.84% -9.13% 1.43% 7.98%

Stock Performance

Shares of Calithera Biosciences were trading at $3.86 as of August 11. Over the last 52-week period, shares are down 90.94%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Calithera Biosciences visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-EPEarnings