Bio-Path Holdings BPTH is set to give its latest quarterly earnings report on Friday, 2024-11-15. Here's what investors need to know before the announcement.
Analysts estimate that Bio-Path Holdings will report an earnings per share (EPS) of $-1.02.
Anticipation surrounds Bio-Path Holdings's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
During the last quarter, the company reported an EPS beat by $0.38, leading to a 1.32% drop in the share price on the subsequent day.
Here's a look at Bio-Path Holdings's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -1.54 | -4.80 | -5.40 | -6.8 |
| EPS Actual | -1.16 | -4.88 | -4.23 | -6.4 |
| Price Change % | -1.0% | -13.0% | -6.0% | 1.0% |
Market Performance of Bio-Path Holdings's Stock
Shares of Bio-Path Holdings were trading at $0.884 as of November 13. Over the last 52-week period, shares are down 91.66%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Bio-Path Holdings visit their earnings calendar on our site.
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.
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