Zacks: Analysts Anticipate Neos Therapeutics (NEOS) Will Announce Earnings of -$0.51 Per Share

Analysts predict that Neos Therapeutics (NASDAQ:NEOS) will announce earnings per share of ($0.51) for the current quarter, Zacks reports. Zero analysts have made estimates for Neos Therapeutics’ earnings, with the highest EPS estimate coming in at ($0.48) and the lowest estimate coming in at ($0.53). Neos Therapeutics reported earnings per share of ($0.87) during the same quarter last year, which would suggest a positive year-over-year growth rate of 41.4%. The business is expected to report its next earnings report on Tuesday, May 8th.

According to Zacks, analysts expect that Neos Therapeutics will report full-year earnings of ($1.53) per share for the current year, with EPS estimates ranging from ($1.86) to ($1.20). For the next fiscal year, analysts anticipate that the company will report earnings of ($0.03) per share, with EPS estimates ranging from ($0.10) to $0.05. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Neos Therapeutics.

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Neos Therapeutics (NASDAQ:NEOS) last released its quarterly earnings data on Thursday, March 15th. The company reported ($0.49) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.61) by $0.12. The business had revenue of $7.79 million for the quarter, compared to analysts’ expectations of $9.30 million. Neos Therapeutics had a negative return on equity of 437.92% and a negative net margin of 264.80%.



NEOS has been the topic of several analyst reports. Wells Fargo set a $14.00 price objective on Neos Therapeutics and gave the company a “buy” rating in a research report on Saturday, March 17th. Cantor Fitzgerald set a $20.00 price target on Neos Therapeutics and gave the company a “buy” rating in a report on Thursday, March 15th. BidaskClub raised Neos Therapeutics from a “sell” rating to a “hold” rating in a report on Saturday, March 24th. Zacks Investment Research raised Neos Therapeutics from a “sell” rating to a “hold” rating in a report on Thursday, March 22nd. Finally, BMO Capital Markets cut Neos Therapeutics from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $14.00.

Large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new stake in shares of Neos Therapeutics in the 3rd quarter worth $120,000. Paloma Partners Management Co purchased a new stake in shares of Neos Therapeutics in the 4th quarter worth $125,000. MetLife Investment Advisors LLC purchased a new stake in shares of Neos Therapeutics in the 4th quarter worth $134,000. New York State Common Retirement Fund increased its stake in Neos Therapeutics by 67.3% in the 3rd quarter. New York State Common Retirement Fund now owns 17,400 shares of the company’s stock worth $159,000 after buying an additional 7,000 shares in the last quarter. Finally, Brandywine Global Investment Management LLC purchased a new stake in Neos Therapeutics in the 4th quarter worth $179,000. Hedge funds and other institutional investors own 49.33% of the company’s stock.

NEOS stock opened at $8.50 on Friday. Neos Therapeutics has a 12-month low of $6.30 and a 12-month high of $13.15. The company has a debt-to-equity ratio of 7.47, a quick ratio of 1.84 and a current ratio of 2.20.

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About Neos Therapeutics

Neos Therapeutics, Inc, a pharmaceutical company, develops, manufactures, and commercializes products for the treatment of attention deficit hyperactivity disorder (ADHD) using its drug delivery technology platform. Its product candidates are extended-release (XR) medications in orally disintegrating tablets or liquid suspension dosage forms.

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