Pain Therapeutics (PTIE) Set to Announce Earnings on Wednesday
Pain Therapeutics (NASDAQ:PTIE) will be posting its quarterly earnings results before the market opens on Wednesday, October 18th. Analysts expect Pain Therapeutics to post earnings of ($0.55) per share for the quarter.
Pain Therapeutics (NASDAQ:PTIE) last released its quarterly earnings data on Wednesday, August 9th. The biopharmaceutical company reported ($0.64) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.47) by ($0.17). On average, analysts expect Pain Therapeutics to post $-2.350 EPS for the current fiscal year and $-2.900 EPS for the next fiscal year.
Pain Therapeutics (NASDAQ:PTIE) opened at 4.829 on Wednesday. The firm has a 50 day moving average of $3.73 and a 200 day moving average of $4.23. The firm’s market capitalization is $31.85 million. Pain Therapeutics has a 12-month low of $3.10 and a 12-month high of $9.31.
A number of research firms have recently commented on PTIE. Zacks Investment Research cut Pain Therapeutics from a “buy” rating to a “hold” rating in a research note on Tuesday, September 19th. Gabelli cut Pain Therapeutics from a “hold” rating to a “sell” rating in a research note on Monday, July 17th.
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Pain Therapeutics Company Profile
Pain Therapeutics, Inc is a biopharmaceutical company. The Company is focused on drug development efforts on disorders of the nervous system, such as chronic pain. The Company’s lead drug candidate, REMOXY, is an abuse-deterrent, oral formulation of oxycodone (CII). The Company’s other products is FENROCK.
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