-$0.62 Earnings Per Share Expected for Zymeworks Inc (ZYME) This Quarter
Equities research analysts expect Zymeworks Inc (NASDAQ:ZYME) to announce earnings per share (EPS) of ($0.62) for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Zymeworks’ earnings. The firm is scheduled to issue its next earnings results on Monday, August 21st.
According to Zacks, analysts expect that Zymeworks will report full-year earnings of ($3.10) per share for the current financial year. For the next fiscal year, analysts expect that the firm will report earnings of ($2.53) per share. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow Zymeworks.
Zymeworks (NASDAQ:ZYME) last posted its quarterly earnings data on Monday, May 15th. The company reported ($1.13) earnings per share (EPS) for the quarter. Zymeworks had a negative return on equity of 798,487.60% and a negative net margin of 6,924.35%. The firm had revenue of $0.23 million during the quarter.
Several brokerages recently issued reports on ZYME. Canaccord Genuity began coverage on Zymeworks in a research note on Tuesday, May 23rd. They issued a “buy” rating and a $18.00 price objective on the stock. Barclays PLC began coverage on Zymeworks in a research report on Tuesday, May 23rd. They set an “overweight” rating and a $20.00 target price on the stock. Wells Fargo & Company began coverage on Zymeworks in a research report on Tuesday, May 23rd. They set an “outperform” rating and a $20.00 target price on the stock. Finally, Citigroup Inc. began coverage on Zymeworks in a research report on Tuesday, May 23rd. They set a “buy” rating and a $18.00 target price on the stock.
Zymeworks (NASDAQ:ZYME) traded down 1.68% on Monday, reaching $9.35. 4,629 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $11.81 and a 200-day moving average of $11.81. The company’s market cap is $233.19 million. Zymeworks has a 12-month low of $7.24 and a 12-month high of $14.25.
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Zymeworks Company Profile
Zymeworks Inc is a Canada-based clinical-stage biopharmaceutical company. The Company focuses on the discovery, development and commercialization of multifunctional biotherapeutics. The Company’s ZymeCAD platform is for protein modeling and structure-guided protein engineering. The Company’s platforms include Azymetric Platform, AlbuCORE Platform, EFECT Platform and Zymelink Conjugation Platform + Cytotoxins.
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