-$0.19 Earnings Per Share Expected for AquaBounty Technologies (AQB) This Quarter

Equities analysts expect AquaBounty Technologies (NYSE:AQB) to post ($0.19) earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for AquaBounty Technologies’ earnings. AquaBounty Technologies reported earnings per share of ($0.21) during the same quarter last year, which suggests a positive year-over-year growth rate of 9.5%. The company is scheduled to report its next quarterly earnings report on Tuesday, May 14th.

According to Zacks, analysts expect that AquaBounty Technologies will report full year earnings of ($0.63) per share for the current year, with EPS estimates ranging from ($0.67) to ($0.59). Zacks’ EPS calculations are an average based on a survey of research firms that cover AquaBounty Technologies.

AquaBounty Technologies (NYSE:AQB) last issued its quarterly earnings data on Thursday, March 7th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.21) by ($0.09). The firm had revenue of $0.01 million during the quarter, compared to analyst estimates of $0.12 million.

Separately, National Securities reduced their price target on AquaBounty Technologies from $6.50 to $5.50 and set a “buy” rating for the company in a report on Wednesday, March 20th.

NYSE AQB traded down $0.01 during trading hours on Friday, reaching $2.29. The company’s stock had a trading volume of 480 shares, compared to its average volume of 325,875. AquaBounty Technologies has a 1-year low of $1.51 and a 1-year high of $5.45.

AquaBounty Technologies Company Profile

AquaBounty Technologies, Inc, a biotechnology company, develops and markets products to enhance productivity in aquaculture. It offers AquAdvantage Salmon, a genetically modified Atlantic salmon for human consumption. The company was formerly known as Aqua Bounty Farms, Inc and changed its name to AquaBounty Technologies, Inc in June 2004.

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