ZEALAND PHARMA/S (ZEAL) Set to Announce Quarterly Earnings on Thursday

ZEALAND PHARMA/S (NASDAQ:ZEAL) will be announcing its earnings results before the market opens on Thursday, May 16th. Analysts expect the company to announce earnings of ($0.18) per share for the quarter.

ZEALAND PHARMA/S (NASDAQ:ZEAL) last released its earnings results on Thursday, March 7th. The company reported ($0.61) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.69) by $0.08. The company had revenue of $2.01 million for the quarter. On average, analysts expect ZEALAND PHARMA/S to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

ZEAL opened at $20.20 on Thursday. The firm has a market cap of $621.90 million, a PE ratio of 6.73 and a beta of 2.40. ZEALAND PHARMA/S has a 52-week low of $11.51 and a 52-week high of $20.83.

Several analysts have recently issued reports on ZEAL shares. Needham & Company LLC reissued a “buy” rating and set a $29.00 target price on shares of ZEALAND PHARMA/S in a report on Thursday, March 7th. Zacks Investment Research raised ZEALAND PHARMA/S from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a report on Saturday, April 27th. ValuEngine raised ZEALAND PHARMA/S from a “sell” rating to a “hold” rating in a report on Friday, January 11th. Finally, TheStreet raised ZEALAND PHARMA/S from a “d+” rating to a “c-” rating in a report on Tuesday, January 22nd. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $26.00.

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About ZEALAND PHARMA/S

Zealand Pharma A/S, a biotechnology company, engages in the discovery, design, and development of peptide therapeutics-based medicines in Denmark. It has a portfolio of proprietary medicines in late-stage clinical development focusing on gastrointestinal and metabolic diseases. The company markets lixisenatide for the treatment of type 2 diabetes under the brand names of Adlyxin and Lyxumia; and a combination of lixisenatide and insulin glargine for the treatment of type 2 diabetes under the brand names of Soliqua 100/33 and Suliqua.

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Earnings History for ZEALAND PHARMA/S (NASDAQ:ZEAL)

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