Iterum Therapeutics's Earnings: A Preview

Iterum Therapeutics ITRM is set to give its latest quarterly earnings report on Friday, 2023-08-11. Here's what investors need to know before the announcement.

Analysts estimate that Iterum Therapeutics will report an earnings per share (EPS) of $-0.80.

Iterum Therapeutics 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).

Here's a look at Iterum Therapeutics's past performance and the resulting price change:

Stock Performance

Shares of Iterum Therapeutics were trading at $1.02 as of August 09. Over the last 52-week period, shares are down 74.88%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Iterum Therapeutics visit their earnings calendar on our site.

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