Cyclacel Pharmaceuticals (CYCC) to Release Earnings on Tuesday

Cyclacel Pharmaceuticals (NASDAQ:CYCC) is set to post its quarterly earnings results after the market closes on Tuesday, May 14th. Analysts expect Cyclacel Pharmaceuticals to post earnings of ($0.19) per share for the quarter.

Cyclacel Pharmaceuticals (NASDAQ:CYCC) last announced its quarterly earnings data on Wednesday, March 27th. The biotechnology company reported ($0.17) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.17). The business had revenue of $0.15 million during the quarter. On average, analysts expect Cyclacel Pharmaceuticals to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of CYCC traded up $0.02 during mid-day trading on Thursday, reaching $0.74. The company’s stock had a trading volume of 140,297 shares, compared to its average volume of 569,374. The firm has a market cap of $12.47 million, a price-to-earnings ratio of -1.19 and a beta of 3.36. Cyclacel Pharmaceuticals has a 52 week low of $0.51 and a 52 week high of $1.87.

Separately, Zacks Investment Research downgraded shares of Cyclacel Pharmaceuticals from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Cyclacel Pharmaceuticals currently has an average rating of “Hold” and a consensus target price of $5.63.

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Cyclacel Pharmaceuticals Company Profile

Cyclacel Pharmaceuticals, Inc, a biopharmaceutical company, develops medicines for the treatment of cancer and other proliferative diseases. The company's oncology development programs include sapacitabine, a novel orally-available nucleoside analog that is in Phase III clinical trial for the front-line treatment of acute myeloid leukemia; and Phase II clinical trial for the treatment of myelodysplastic syndromes.

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Earnings History for Cyclacel Pharmaceuticals (NASDAQ:CYCC)

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