Equities analysts expect Aerpio Pharmaceuticals, Inc. (NYSE:ARPO) to report earnings per share of ($0.12) for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Aerpio Pharmaceuticals’ earnings. Aerpio Pharmaceuticals posted earnings per share of ($0.21) during the same quarter last year, which would indicate a positive year over year growth rate of 42.9%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, March 3rd.
According to Zacks, analysts expect that Aerpio Pharmaceuticals will report full-year earnings of ($0.58) per share for the current year. For the next fiscal year, analysts anticipate that the firm will post earnings of ($0.41) per share. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover Aerpio Pharmaceuticals.
NYSE:ARPO remained flat at $$0.65 during midday trading on Friday. 89,200 shares of the company were exchanged, compared to its average volume of 371,097. The business’s 50-day simple moving average is $0.64 and its two-hundred day simple moving average is $0.62. Aerpio Pharmaceuticals has a 1 year low of $0.45 and a 1 year high of $4.25.
Aerpio Pharmaceuticals, Inc, a biopharmaceutical company, focuses on developing and commercializing treatments for ocular diseases. The company's lead product candidate is AKB-9778, a small molecule activator of the Tie2 pathway, which completed the Phase 2a clinical trial for the treatment of diabetic retinopathy.
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