Earnings Preview For Prothena Corp

Prothena Corp PRTA is preparing to release its quarterly earnings on Tuesday, 2024-11-12. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Prothena Corp to report an earnings per share (EPS) of $-1.17.

Prothena Corp bulls will hope to hear the company 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

The company's EPS beat by $2.27 in the last quarter, leading to a 4.42% increase in the share price on the following day.

Here's a look at Prothena Corp's past performance and the resulting price change:

Prothena Corp Share Price Analysis

Shares of Prothena Corp were trading at $17.7 as of November 07. Over the last 52-week period, shares are down 49.89%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Prothena Corp visit their earnings calendar on our site.

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