Opiant Pharmaceuticals, Inc. (OPNT) Expected to Post Earnings of -$0.87 Per Share

Analysts forecast that Opiant Pharmaceuticals, Inc. (NASDAQ:OPNT) will post earnings of ($0.87) per share for the current quarter, Zacks reports. Zero analysts have made estimates for Opiant Pharmaceuticals’ earnings. Opiant Pharmaceuticals reported earnings per share of ($0.52) during the same quarter last year, which suggests a negative year over year growth rate of 67.3%. The business is scheduled to report its next earnings report on Monday, October 30th.

On average, analysts expect that Opiant Pharmaceuticals will report full year earnings of $2.36 per share for the current year. For the next fiscal year, analysts anticipate that the business will report earnings of ($4.83) per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Opiant Pharmaceuticals.

Separately, ValuEngine lowered shares of Opiant Pharmaceuticals from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd.

Shares of Opiant Pharmaceuticals (NASDAQ OPNT) traded up 5.01% on Monday, hitting $37.75. 38,298 shares of the company’s stock were exchanged. Opiant Pharmaceuticals has a 12 month low of $5.00 and a 12 month high of $51.90. The firm has a market cap of $76.48 million, a P/E ratio of 14.20 and a beta of -0.94. The stock’s 50 day moving average is $34.43 and its 200 day moving average is $15.23.

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Opiant Pharmaceuticals Company Profile

Opiant Pharmaceuticals, Inc, formerly Lightlake Therapeutics, Inc, is a specialty pharmaceutical company. The Company develops pharmacological treatments for substance use, addictive and eating disorders. The Company has developed NARCAN (naloxone hydrochloride) Nasal Spray, a treatment to reverse opioid overdoses, which was conceived, licensed, developed and approved by the United States Food and Drug Administration (FDA).

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