Equities research analysts forecast that AzurRx BioPharma Inc (NASDAQ:AZRX) will post ($0.09) earnings per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have made estimates for AzurRx BioPharma’s earnings, with the highest EPS estimate coming in at ($0.07) and the lowest estimate coming in at ($0.11). AzurRx BioPharma posted earnings per share of ($0.17) in the same quarter last year, which would suggest a positive year over year growth rate of 47.1%. The company is expected to announce its next quarterly earnings report on Thursday, November 12th.
According to Zacks, analysts expect that AzurRx BioPharma will report full-year earnings of ($0.56) per share for the current year, with EPS estimates ranging from ($0.64) to ($0.40). For the next year, analysts anticipate that the firm will report earnings of ($0.35) per share, with EPS estimates ranging from ($0.42) to ($0.29). Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that that provide coverage for AzurRx BioPharma.
Separately, Maxim Group reiterated a “buy” rating and set a $3.00 price objective on shares of AzurRx BioPharma in a research note on Thursday, August 13th.
AzurRx BioPharma Company Profile
AzurRx BioPharma, Inc researches and develops non-systemic biologics for the treatment of patients with gastrointestinal disorders. Its product pipeline consists of two therapeutic proteins under development, including MS1819, a yeast derived recombinant lipase, which is in Phase II clinical trial for the treatment of exocrine pancreatic insufficiency associated with chronic pancreatitis and cystic fibrosis; and AZX1101, an enzymatic combination of bacterial origin for the prevention of hospital-acquired infections and antibiotic-associated diarrhea.
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