Lipocine Inc (LPCN) Expected to Announce Earnings of -$0.25 Per Share

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Wall Street brokerages expect Lipocine Inc (NASDAQ:LPCN) to post earnings per share (EPS) of ($0.25) for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have made estimates for Lipocine’s earnings. The lowest EPS estimate is ($0.28) and the highest is ($0.22). Lipocine reported earnings per share of ($0.22) in the same quarter last year, which would suggest a negative year-over-year growth rate of 13.6%. The firm is expected to issue its next earnings report on Wednesday, November 14th.

On average, analysts expect that Lipocine will report full-year earnings of ($0.80) per share for the current financial year, with EPS estimates ranging from ($1.00) to ($0.62). For the next year, analysts forecast that the company will post earnings of ($0.47) per share, with EPS estimates ranging from ($0.98) to $0.24. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that cover Lipocine.

Lipocine (NASDAQ:LPCN) last posted its quarterly earnings results on Tuesday, August 7th. The specialty pharmaceutical company reported ($0.15) earnings per share for the quarter, beating the consensus estimate of ($0.25) by $0.10.

Several analysts have recently weighed in on LPCN shares. ValuEngine raised shares of Lipocine from a “sell” rating to a “hold” rating in a research note on Saturday, June 2nd. Canaccord Genuity restated a “hold” rating and issued a $1.50 price objective on shares of Lipocine in a report on Friday, August 10th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $6.38.

Lipocine stock opened at $1.52 on Tuesday. Lipocine has a 1-year low of $1.03 and a 1-year high of $4.38. The company has a debt-to-equity ratio of 0.62, a current ratio of 8.89 and a quick ratio of 8.89. The company has a market capitalization of $33.49 million, a PE ratio of -1.45 and a beta of 0.49.

Lipocine Company Profile

Lipocine Inc, a specialty pharmaceutical company, focuses on the development of pharmaceutical products in the area of men's and women's health. Its primary development programs are based on oral delivery solutions for poorly bioavailable drugs. The company has a portfolio of product candidates designed to produce pharmacokinetic characteristics, facilitate lower dosing requirements, bypass first-pass metabolism in certain cases, reduce side effects, and eliminate gastrointestinal interactions that limit bioavailability.

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Earnings History and Estimates for Lipocine (NASDAQ:LPCN)

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