Trillium Therapeutics Inc. (TRIL) Expected to Announce Earnings of -$1.09 Per Share
Equities research analysts expect Trillium Therapeutics Inc. (NASDAQ:TRIL) (TSE:TR) to announce ($1.09) earnings per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Trillium Therapeutics’ earnings. Trillium Therapeutics reported earnings of ($0.75) per share during the same quarter last year, which indicates a negative year-over-year growth rate of 45.3%. The firm is scheduled to issue its next quarterly earnings report on Friday, August 11th.
According to Zacks, analysts expect that Trillium Therapeutics will report full-year earnings of ($3.83) per share for the current fiscal year, with EPS estimates ranging from ($4.47) to ($2.89). For the next financial year, analysts anticipate that the business will report earnings of ($2.91) per share, with EPS estimates ranging from ($3.65) to ($2.21). Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Trillium Therapeutics.
Several equities research analysts have weighed in on the company. Zacks Investment Research upgraded Trillium Therapeutics from a “sell” rating to a “hold” rating in a report on Thursday, April 6th. Ladenburg Thalmann Financial Services restated a “buy” rating and set a $18.00 price target on shares of Trillium Therapeutics in a report on Friday, June 9th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Trillium Therapeutics has an average rating of “Buy” and a consensus price target of $16.94.
A number of large investors have recently modified their holdings of TRIL. Janus Capital Management LLC increased its stake in shares of Trillium Therapeutics by 0.3% in the fourth quarter. Janus Capital Management LLC now owns 571,203 shares of the biotechnology company’s stock valued at $3,227,000 after buying an additional 1,619 shares during the period. Wells Fargo & Company MN increased its stake in shares of Trillium Therapeutics by 34.1% in the first quarter. Wells Fargo & Company MN now owns 17,700 shares of the biotechnology company’s stock valued at $109,000 after buying an additional 4,500 shares during the period. Oxford Asset Management increased its stake in shares of Trillium Therapeutics by 47.7% in the fourth quarter. Oxford Asset Management now owns 24,660 shares of the biotechnology company’s stock valued at $139,000 after buying an additional 7,967 shares during the period. Victory Capital Management Inc. increased its stake in shares of Trillium Therapeutics by 40.0% in the first quarter. Victory Capital Management Inc. now owns 77,601 shares of the biotechnology company’s stock valued at $479,000 after buying an additional 22,171 shares during the period. Finally, New Leaf Venture Partners L.L.C. bought a new stake in shares of Trillium Therapeutics during the fourth quarter valued at $547,000. Institutional investors own 31.67% of the company’s stock.
Shares of Trillium Therapeutics (NASDAQ:TRIL) opened at 4.65 on Friday. Trillium Therapeutics has a one year low of $4.45 and a one year high of $17.70. The firm’s 50-day moving average price is $5.50 and its 200-day moving average price is $5.91. The firm’s market cap is $36.48 million.
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