Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) Set to Announce Quarterly Earnings on Thursday
Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) (TSE:AUP) is set to issue its quarterly earnings data on Thursday, August 10th. Analysts expect the company to announce earnings of ($0.13) per share for the quarter.
Aurinia Pharmaceuticals (NASDAQ:AUPH) (TSE:AUP) last posted its quarterly earnings data on Monday, May 15th. The biotechnology company reported ($0.20) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by $0.08. Aurinia Pharmaceuticals had a negative net margin of 48,278.23% and a negative return on equity of 50.53%. The firm had revenue of $0.03 million during the quarter, compared to analyst estimates of $0.05 million. On average, analysts expect Aurinia Pharmaceuticals to post $-1.07 EPS for the current fiscal year and $-0.61 EPS for the next fiscal year.
Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) traded down 0.9772% on Monday, reaching $6.0899. The company had a trading volume of 161,089 shares. The company’s 50-day moving average is $6.38 and its 200-day moving average is $6.03. Aurinia Pharmaceuticals Inc has a 52-week low of $1.74 and a 52-week high of $10.54. The company’s market capitalization is $507.12 million.
A number of analysts have commented on AUPH shares. Cantor Fitzgerald reiterated a “buy” rating and set a $14.00 target price on shares of Aurinia Pharmaceuticals in a research report on Friday, April 21st. HC Wainwright decreased their target price on Aurinia Pharmaceuticals from $12.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday, May 18th. Zacks Investment Research downgraded Aurinia Pharmaceuticals from a “hold” rating to a “sell” rating in a research report on Tuesday, June 27th. FBR & Co reiterated an “outperform” rating on shares of Aurinia Pharmaceuticals in a research report on Tuesday, April 11th. Finally, Vetr cut Aurinia Pharmaceuticals from a “strong-buy” rating to a “buy” rating and set a $6.74 price target for the company. in a report on Monday, July 31st. Two investment analysts have rated the stock with a sell rating and eight have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $9.28.
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About Aurinia Pharmaceuticals
Aurinia Pharmaceuticals Inc is a Canada-based clinical-stage biopharmaceutical company operating in the field of nephrology and autoimmunity. The Company’s primary business is the development of a therapeutic drug to treat autoimmune diseases, in particular lupus nephritis (LN). It is focused on the development of its lead compound voclosporin, a therapeutic immunomodulating drug candidate, which is a second-generation calcineurin inhibitors (CNI) to treat patients afflicted with LN.
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