Portola Pharmaceuticals (PTLA) to Release Earnings on Monday
Portola Pharmaceuticals (NASDAQ:PTLA) is scheduled to release its Q114 earnings data on Monday, May 12th. Analysts expect Portola Pharmaceuticals to post earnings of ($0.72) per share and revenue of $1.81 million for the quarter.
Portola Pharmaceuticals (NASDAQ:PTLA) last released its earnings data on Thursday, February 27th. The company reported ($0.63) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.57) by $0.06. The company had revenue of $2.10 million for the quarter, compared to the consensus estimate of $2.17 million. On average, analysts expect Portola Pharmaceuticals to post $-3.52 EPS for the current fiscal year and $-3.68 EPS for the next fiscal year.
Portola Pharmaceuticals (NASDAQ:PTLA) opened at 23.10 on Friday. Portola Pharmaceuticals has a 1-year low of $14.75 and a 1-year high of $30.95. The stock has a 50-day moving average of $24.47 and a 200-day moving average of $25.23. The company’s market cap is $947.8 million. Portola Pharmaceuticals also saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 1,322,151 shares, a growth of 41.8% from the March 31st total of 932,507 shares. Approximately 4.5% of the shares of the stock are short sold. Based on an average trading volume of 378,684 shares, the short-interest ratio is presently 3.5 days.
In other Portola Pharmaceuticals news, CFO Mardi Dier unloaded 5,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, April 25th. The shares were sold at an average price of $24.14, for a total value of $120,700.00. Following the transaction, the chief financial officer now directly owns 24,824 shares of the company’s stock, valued at approximately $599,251. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Portola Pharmaceuticals, Inc is a biopharmaceutical company focused on the development and commercialization of therapeutics in the areas of thrombosis, other hematologic disorders and inflammation for patients who has limited or no approved treatment options.
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