Wall Street brokerages predict that KITOV PHARMA LT/S (NASDAQ:KTOV) will announce ($0.13) earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Zero analysts have provided estimates for KITOV PHARMA LT/S’s earnings. The business is expected to announce its next quarterly earnings results on Monday, January 1st.
According to Zacks, analysts expect that KITOV PHARMA LT/S will report full year earnings of ($0.46) per share for the current year. For the next year, analysts expect that the firm will report earnings of ($0.23) per share. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for KITOV PHARMA LT/S.
Separately, HC Wainwright reiterated a “buy” rating on shares of KITOV PHARMA LT/S in a report on Wednesday, October 16th.
A hedge fund recently raised its stake in KITOV PHARMA LT/S stock. Morgan Stanley grew its holdings in KITOV PHARMA LT/S (NASDAQ:KTOV) by 79.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,240 shares of the company’s stock after acquiring an additional 25,840 shares during the period. Morgan Stanley owned about 0.37% of KITOV PHARMA LT/S worth $55,000 as of its most recent SEC filing. 0.16% of the stock is owned by institutional investors and hedge funds.
About KITOV PHARMA LT/S
Kitov Pharma Ltd, through its subsidiaries, operates as a development stage biopharmaceutical company in Israel. It develops combination drugs for the simultaneous treatment of pain caused by osteoarthritis and hypertension. The company's lead drug candidate is KIT-302, a fixed dosage combination product based on the generic drugs celecoxib and amlodipine besylate that has completed its Phase III clinical study.
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