Zacks: Brokerages Anticipate Can-Fite Biopharma Ltd (NASDAQ:CANF) to Announce -$0.58 EPS

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Equities research analysts expect Can-Fite Biopharma Ltd (NASDAQ:CANF) to report earnings of ($0.58) per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Can-Fite Biopharma’s earnings, with the highest EPS estimate coming in at ($0.38) and the lowest estimate coming in at ($0.78). The firm is expected to issue its next quarterly earnings results on Friday, November 29th.

According to Zacks, analysts expect that Can-Fite Biopharma will report full year earnings of ($4.70) per share for the current fiscal year. For the next year, analysts forecast that the company will post earnings of ($1.03) per share, with EPS estimates ranging from ($1.74) to ($0.32). Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Can-Fite Biopharma.

Can-Fite Biopharma (NASDAQ:CANF) last issued its earnings results on Friday, August 30th. The company reported ($1.20) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.80) by ($0.40). The company had revenue of $0.39 million during the quarter.

Shares of NASDAQ CANF traded up $0.03 during mid-day trading on Thursday, reaching $2.17. The company had a trading volume of 5,463 shares, compared to its average volume of 145,488. The company has a 50-day moving average price of $2.30 and a two-hundred day moving average price of $2.41. Can-Fite Biopharma has a 1-year low of $1.90 and a 1-year high of $25.95.

About Can-Fite Biopharma

Can-Fite BioPharma Ltd., a clinical-stage biopharmaceutical company, develops small molecule therapeutic products for the treatment of autoimmune-inflammatory, oncological, and liver diseases, as well as sexual dysfunction. The company's lead drug candidate is CF101, which is in Phase III clinical trials for the treatment of rheumatoid arthritis and psoriasis.

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