AEterna Zentaris (AEZS) Issues Earnings Results, Beats Estimates By $0.10 EPS

AEterna Zentaris (NASDAQ:AEZS) (TSE:AEZ) issued its quarterly earnings data on Tuesday. The biopharmaceutical company reported ($0.15) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.10, Fidelity Earnings reports. AEterna Zentaris had a return on equity of 87.85% and a net margin of 34.40%. The business had revenue of $0.66 million during the quarter.

Shares of AEZS stock opened at $2.06 on Thursday. AEterna Zentaris has a 12-month low of $1.12 and a 12-month high of $3.25. The company has a market capitalization of $38.96 million, a P/E ratio of -1.53 and a beta of 0.75.

A number of equities analysts recently issued reports on AEZS shares. ValuEngine lowered AEterna Zentaris from a “hold” rating to a “sell” rating in a report on Friday, August 10th. Zacks Investment Research raised AEterna Zentaris from a “hold” rating to a “buy” rating and set a $2.75 price objective for the company in a report on Tuesday. One research analyst has rated the stock with a sell rating and three have given a buy rating to the stock. AEterna Zentaris presently has an average rating of “Buy” and an average price target of $3.25.

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AEterna Zentaris Company Profile

Aeterna Zentaris Inc, a specialty biopharmaceutical company, engages in developing and commercializing pharmaceutical therapies for treating oncology, endocrinology, and women's health. Its commercial product is the Macrilen, a ghrelin receptor agonist that stimulates the secretion of growth hormone by binding to the GHSR-1a, a ghrelin receptor, which is used for endocrinology and oncology indications.

See Also: Fundamental Analysis

Earnings History for AEterna Zentaris (NASDAQ:AEZS)

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