Amyris, Inc. (AMRS) Set to Announce Quarterly Earnings on Tuesday
Amyris, Inc. (NASDAQ:AMRS) is scheduled to be announcing its earnings results after the market closes on Tuesday, October 31st. Analysts expect the company to announce earnings of ($0.77) per share for the quarter.
Amyris (NASDAQ:AMRS) last issued its quarterly earnings results on Thursday, August 10th. The biotechnology company reported ($1.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.06) by ($0.35). The firm had revenue of $25.68 million for the quarter, compared to analyst estimates of $23.68 million. During the same quarter last year, the business posted ($0.06) EPS. The firm’s revenue for the quarter was up 167.5% on a year-over-year basis. On average, analysts expect Amyris to post $-3.32 EPS for the current fiscal year and $-1.84 EPS for the next fiscal year.
Amyris, Inc. (AMRS) opened at 2.8894 on Tuesday. The stock’s 50 day moving average is $3.23 and its 200-day moving average is $4.08. Amyris, Inc. has a 52 week low of $1.86 and a 52 week high of $17.10. The firm’s market capitalization is $108.66 million.
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AMRS has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Amyris from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. HC Wainwright set a $15.00 price objective on shares of Amyris and gave the stock a “buy” rating in a report on Friday, August 11th. Cowen and Company set a $4.00 price objective on shares of Amyris and gave the stock a “hold” rating in a report on Thursday, August 17th. Finally, ValuEngine raised shares of Amyris from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $20.69.
Amyris, Inc is an integrated industrial biotechnology company. The Company is engaged in research and development and sales of fuels and farnesene-derived products. It is applying its industrial synthetic biology platform to engineer, manufacture and sell products into a range of consumer and industrial markets, including cosmetics, flavors and fragrances (F&F), solvents and cleaners, polymers, lubricants, healthcare products and fuels.
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