Brokerages Anticipate Evoke Pharma Inc (EVOK) Will Announce Earnings of -$0.22 Per Share
Wall Street analysts expect that Evoke Pharma Inc (NASDAQ:EVOK) will report earnings per share (EPS) of ($0.22) for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Evoke Pharma’s earnings, with the lowest EPS estimate coming in at ($0.26) and the highest estimate coming in at ($0.18). Evoke Pharma reported earnings per share of ($0.18) in the same quarter last year, which suggests a negative year-over-year growth rate of 22.2%. The company is scheduled to announce its next earnings results on Wednesday, March 21st.
According to Zacks, analysts expect that Evoke Pharma will report full year earnings of ($1.00) per share for the current financial year, with EPS estimates ranging from ($1.03) to ($0.96). For the next financial year, analysts expect that the business will report earnings of $0.09 per share, with EPS estimates ranging from ($0.54) to $1.16. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover Evoke Pharma.
Evoke Pharma (NASDAQ:EVOK) last released its quarterly earnings results on Tuesday, November 14th. The specialty pharmaceutical company reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.21) by ($0.13). During the same period in the previous year, the company earned ($0.29) EPS.
Evoke Pharma (EVOK) traded up $0.06 during trading on Friday, hitting $2.64. 95,900 shares of the stock traded hands, compared to its average volume of 404,490. Evoke Pharma has a 52-week low of $1.42 and a 52-week high of $4.55.
An institutional investor recently raised its position in Evoke Pharma stock. Vanguard Group Inc. lifted its position in shares of Evoke Pharma Inc (NASDAQ:EVOK) by 15.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 523,650 shares of the specialty pharmaceutical company’s stock after purchasing an additional 68,544 shares during the period. Vanguard Group Inc. owned 3.40% of Evoke Pharma worth $1,341,000 as of its most recent SEC filing. 13.64% of the stock is currently owned by institutional investors.
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Evoke Pharma Company Profile
Evoke Pharma, Inc is a specialty pharmaceutical company. The Company is focused primarily on the development of drugs to treat gastrointestinal (GI) disorders and diseases. The Company is developing EVK-001, a metoclopramide nasal spray for the relief of symptoms associated with acute and recurrent diabetic gastroparesis in women.
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