Brokerages Expect Anthera Pharmaceuticals, Inc. (ANTH) Will Post Earnings of -$0.87 Per Share
Wall Street brokerages expect Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH) to report ($0.87) earnings per share for the current quarter, Zacks reports. Zero analysts have issued estimates for Anthera Pharmaceuticals’ earnings, with estimates ranging from ($1.03) to ($0.71). Anthera Pharmaceuticals reported earnings per share of ($2.88) during the same quarter last year, which would indicate a positive year over year growth rate of 69.8%. The company is scheduled to report its next quarterly earnings report on Monday, February 26th.
According to Zacks, analysts expect that Anthera Pharmaceuticals will report full year earnings of ($3.34) per share for the current financial year, with EPS estimates ranging from ($3.61) to ($3.07). For the next year, analysts anticipate that the business will report earnings of ($3.49) per share, with EPS estimates ranging from ($3.92) to ($2.68). Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Anthera Pharmaceuticals.
Anthera Pharmaceuticals (NASDAQ:ANTH) last released its quarterly earnings data on Monday, November 6th. The biopharmaceutical company reported ($0.58) EPS for the quarter, topping analysts’ consensus estimates of ($0.90) by $0.32. During the same quarter last year, the company posted ($4.85) earnings per share.
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Shares of Anthera Pharmaceuticals (NASDAQ:ANTH) traded up $0.03 on Tuesday, hitting $1.89. 476,000 shares of the stock traded hands, compared to its average volume of 330,808. Anthera Pharmaceuticals has a 52 week low of $1.20 and a 52 week high of $20.24.
Several institutional investors and hedge funds have recently modified their holdings of the company. Wedbush Securities Inc. increased its holdings in shares of Anthera Pharmaceuticals by 75.8% in the 3rd quarter. Wedbush Securities Inc. now owns 73,764 shares of the biopharmaceutical company’s stock valued at $106,000 after purchasing an additional 31,800 shares during the period. UBS Group AG grew its stake in shares of Anthera Pharmaceuticals by 9.9% in the 1st quarter. UBS Group AG now owns 375,989 shares of the biopharmaceutical company’s stock valued at $160,000 after buying an additional 33,901 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Anthera Pharmaceuticals by 1,376.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 359,982 shares of the biopharmaceutical company’s stock valued at $153,000 after buying an additional 335,595 shares in the last quarter. Institutional investors own 26.10% of the company’s stock.
Anthera Pharmaceuticals Company Profile
Anthera Pharmaceuticals, Inc (Anthera) is a biopharmaceutical company focused on developing and commercializing products to treat serious diseases associated with inflammation, including enzyme replacement therapies and autoimmune diseases. The Company has two Phase III product candidates, liprotamase also known as Sollpura and blisibimod.
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