Brokerages Expect RXi Pharmaceuticals Corporation (RXII) to Announce -$0.11 Earnings Per Share
Equities analysts predict that RXi Pharmaceuticals Corporation (NASDAQ:RXII) will announce earnings per share (EPS) of ($0.11) for the current quarter, Zacks Investment Research reports. Zero analysts have issued estimates for RXi Pharmaceuticals Corporation’s earnings. RXi Pharmaceuticals Corporation reported earnings per share of ($0.34) in the same quarter last year, which would indicate a positive year over year growth rate of 67.6%. The business is expected to report its next earnings report on Thursday, November 9th.
According to Zacks, analysts expect that RXi Pharmaceuticals Corporation will report full-year earnings of ($0.74) per share for the current year. For the next fiscal year, analysts anticipate that the company will report earnings of ($0.57) per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for RXi Pharmaceuticals Corporation.
RXi Pharmaceuticals Corporation (NASDAQ:RXII) last released its quarterly earnings results on Thursday, August 10th. The biotechnology company reported ($0.11) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.11). During the same quarter last year, the firm earned ($0.34) EPS.
A hedge fund recently raised its stake in RXi Pharmaceuticals Corporation stock. Renaissance Technologies LLC increased its position in RXi Pharmaceuticals Corporation (NASDAQ:RXII) by 26.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 229,980 shares of the biotechnology company’s stock after buying an additional 48,200 shares during the period. Renaissance Technologies LLC owned approximately 3.49% of RXi Pharmaceuticals Corporation worth $164,000 as of its most recent SEC filing. 1.35% of the stock is owned by institutional investors.
Shares of RXi Pharmaceuticals Corporation (NASDAQ RXII) opened at 0.563 on Thursday. The firm’s market capitalization is $13.09 million. The firm’s 50 day moving average is $0.62 and its 200 day moving average is $0.66. RXi Pharmaceuticals Corporation has a 1-year low of $0.51 and a 1-year high of $2.93.
RXi Pharmaceuticals Corporation Company Profile
RXi Pharmaceuticals Corporation is a clinical-stage ribonucleic acid (RNA) interference (RNAi) company developing therapeutics in dermatology and ophthalmology that address unmet medical needs. The Company’s development programs are based on its self-delivering RNAi (sd-rxRNA) platform and Samcyprone, a topical immunomodulator.
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