Opiant Pharmaceuticals Inc (OPNT) Expected to Post Earnings of -$0.82 Per Share

Analysts expect that Opiant Pharmaceuticals Inc (NASDAQ:OPNT) will announce earnings of ($0.82) per share for the current quarter, according to Zacks. Zero analysts have provided estimates for Opiant Pharmaceuticals’ earnings. Opiant Pharmaceuticals posted earnings per share of $0.15 during the same quarter last year, which would indicate a negative year over year growth rate of 646.7%. The firm is scheduled to report its next earnings results on Wednesday, June 14th.

According to Zacks, analysts expect that Opiant Pharmaceuticals will report full-year earnings of $2.94 per share for the current financial year. For the next fiscal year, analysts expect that the business will post earnings of ($4.83) per share. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Opiant Pharmaceuticals.

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Opiant Pharmaceuticals (NASDAQ:OPNT) traded down 3.61% during mid-day trading on Wednesday, reaching $6.35. 980 shares of the company’s stock traded hands. The stock has a market cap of $12.93 million and a P/E ratio of 1.41. Opiant Pharmaceuticals has a 12 month low of $5.01 and a 12 month high of $9.06. The company has a 50 day moving average price of $6.59 and a 200-day moving average price of $7.12.

About Opiant Pharmaceuticals

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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