Recap: Fortress Biotech Q4 Earnings

 

Fortress Biotech FBIO reported its Q4 earnings results on Monday, March 28, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Fortress Biotech missed estimated earnings by 88.89%, reporting an EPS of $0.02 versus an estimate of $0.18.

Revenue was up $4.53 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.62 which was followed by a 2.68% drop in the share price the next day.

Here's a look at Fortress Biotech's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate -0.08 -0.12 -0.16 -0.14
EPS Actual 0.54 -0.17 -0.09 0
Revenue Estimate 19.95M 14.69M 13.41M 11.34M
Revenue Actual 21.09M 17.84M 11.59M 13.75M

Listen to the earnings announcement yourself by clicking here.

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

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Posted In: EarningsNewsBZI-Recaps
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