Albireo Pharma (NASDAQ:ALBO) will release its earnings data before the market opens on Thursday, May 9th. Analysts expect Albireo Pharma to post earnings of ($1.37) per share for the quarter.
Albireo Pharma (NASDAQ:ALBO) last announced its quarterly earnings results on Thursday, March 7th. The biopharmaceutical company reported ($1.34) earnings per share for the quarter, missing the consensus estimate of ($1.16) by ($0.18). Albireo Pharma had a negative return on equity of 32.42% and a negative net margin of 361.94%. The business had revenue of $0.57 million during the quarter, compared to analysts’ expectations of $1.94 million. On average, analysts expect Albireo Pharma to post $-6 EPS for the current fiscal year and $-5 EPS for the next fiscal year.
Shares of ALBO opened at $36.20 on Tuesday. Albireo Pharma has a fifty-two week low of $19.10 and a fifty-two week high of $37.95. The company has a market capitalization of $437.75 million, a PE ratio of -9.19 and a beta of 1.72.
A hedge fund recently raised its stake in Albireo Pharma stock. Geode Capital Management LLC increased its position in shares of Albireo Pharma Inc (NASDAQ:ALBO) by 11.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,434 shares of the biopharmaceutical company’s stock after acquiring an additional 9,922 shares during the quarter. Geode Capital Management LLC owned about 0.81% of Albireo Pharma worth $2,390,000 as of its most recent SEC filing. Institutional investors and hedge funds own 66.91% of the company’s stock.
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About Albireo Pharma
Albireo Pharma, Inc, a biopharmaceutical company, focuses on the development and commercialization of novel bile acid modulators to treat orphan pediatric liver diseases and gastrointestinal (GI) disorders in the United States. Its lead product candidate is A4250, an orally administered ileal sodium dependent bile acid transporter (IBAT) inhibitor that is in phase III clinical trial for treating progressive familial intrahepatic cholestasis and phase II clinical trial for treating biliary atresia, alagille syndrome, and other cholestatic liver diseases.
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