Analysts Anticipate Galena Biopharma, Inc. (SLS) Will Post Earnings of -$0.27 Per Share

Brokerages forecast that Galena Biopharma, Inc. (NYSE:SLS) will post earnings per share (EPS) of ($0.27) for the current quarter, Zacks reports. Zero analysts have made estimates for Galena Biopharma’s earnings. Galena Biopharma reported earnings per share of ($1.47) during the same quarter last year, which would suggest a positive year-over-year growth rate of 81.6%. The company is scheduled to announce its next earnings report on Tuesday, May 21st.

On average, analysts expect that Galena Biopharma will report full year earnings of ($0.83) per share for the current financial year. For the next fiscal year, analysts forecast that the company will post earnings of ($0.97) per share. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Galena Biopharma.

Shares of SLS traded down $0.01 during trading hours on Monday, reaching $1.03. 249,100 shares of the stock traded hands, compared to its average volume of 332,076. Galena Biopharma has a 52 week low of $0.80 and a 52 week high of $6.97.

Galena Biopharma Company Profile

Develop biopharmaceuticals

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