Sucampo Pharmaceuticals, Inc. (SCMP) Scheduled to Post Quarterly Earnings on Tuesday
Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) is set to issue its quarterly earnings data before the market opens on Tuesday, November 7th. Analysts expect the company to announce earnings of $0.26 per share for the quarter.
Sucampo Pharmaceuticals (NASDAQ:SCMP) last released its earnings results on Wednesday, August 2nd. The biopharmaceutical company reported $0.28 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.06. Sucampo Pharmaceuticals had a positive return on equity of 56.58% and a negative net margin of 61.99%. The firm had revenue of $59.90 million during the quarter, compared to the consensus estimate of $56.44 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s revenue was up 15.3% compared to the same quarter last year. On average, analysts expect Sucampo Pharmaceuticals to post $1.010 EPS for the current fiscal year and $1.040 EPS for the next fiscal year.
Shares of Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) opened at 9.50 on Tuesday. The firm’s market cap is $440.09 million. The company’s 50 day moving average price is $11.04 and its 200-day moving average price is $10.68. Sucampo Pharmaceuticals, Inc. has a 12-month low of $9.30 and a 12-month high of $17.55.
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In related news, insider Jason Patrick Meyenburg bought 4,000 shares of the stock in a transaction on Wednesday, September 6th. The shares were bought at an average cost of $12.13 per share, for a total transaction of $48,520.00. Following the purchase, the insider now owns 30,228 shares of the company’s stock, valued at approximately $366,665.64. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Jones W. Bryan bought 4,700 shares of the stock in a transaction on Friday, August 4th. The stock was bought at an average price of $10.60 per share, for a total transaction of $49,820.00. Following the completion of the purchase, the insider now directly owns 4,700 shares in the company, valued at approximately $49,820. The disclosure for this purchase can be found here. Company insiders own 4.13% of the company’s stock.
Sucampo Pharmaceuticals Company Profile
Sucampo Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of pharmaceutical products. Its primary focus areas are gastroenterology, ophthalmology and oncology-related disorders. Its product candidates include VTS-270, Lubiprostone (AMITIZA), Unoprostone is opropyl (RESCULA) and CPP-1X/sulindac combination product.
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