Aptevo Therapeutics (APVO) Set to Release Quarterly Earnings on Thursday

Aptevo Therapeutics (NASDAQ:APVO – Get Free Report) is anticipated to post its results before the market opens on Thursday, November 5th. Analysts expect Aptevo Therapeutics to post earnings of ($3.72) per share for the quarter.

Aptevo Therapeutics (NASDAQ:APVO – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The biotechnology company reported ($5.31) EPS for the quarter, beating analysts’ consensus estimates of ($6.02) by $0.71. On average, analysts expect Aptevo Therapeutics to post ($17.04) EPS for the current fiscal year and ($6.59) EPS for the next fiscal year.

Aptevo Therapeutics Stock Up 0.7%

Shares of NASDAQ APVO opened at $1.35 on Tuesday. Aptevo Therapeutics has a 12 month low of $1.25 and a 12 month high of $28.08. The business has a fifty day simple moving average of $1.83 and a 200-day simple moving average of $4.37.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Aptevo Therapeutics from a “sell (e+)” rating to a “sell (e)” rating in a research note on Thursday. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has a consensus rating of “Sell”.

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About Aptevo Therapeutics

(Get Free Report)

Aptevo Therapeutics Inc is a biotechnology company developing targeted immunotherapies for cancer and other serious diseases. The company is headquartered in Seattle, Washington, and was established in 2016 as a spin-off from Emergent BioSolutions.

Aptevo’s research is based primarily on its ADAPTIR and ADAPTIR-FLEX antibody platforms, which are designed to create bispecific immune-cell engagers. These therapies are intended to connect immune cells with cancer cells or activate immune pathways to produce a targeted response.

Further Reading

Earnings History for Aptevo Therapeutics (NASDAQ:APVO)

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