Brokers Issue Forecasts for Aurinia Pharmaceuticals Inc’s Q4 2017 Earnings (AUP)
Aurinia Pharmaceuticals Inc (TSE:AUP) (NASDAQ:AUPH) – Equities research analysts at Seaport Global Securities decreased their Q4 2017 earnings per share (EPS) estimates for Aurinia Pharmaceuticals in a research report issued to clients and investors on Wednesday. Seaport Global Securities analyst V. Bernardino now forecasts that the company will post earnings per share of ($0.10) for the quarter, down from their previous forecast of ($0.05). Seaport Global Securities currently has a “Buy” rating on the stock. Seaport Global Securities also issued estimates for Aurinia Pharmaceuticals’ FY2019 earnings at ($0.24) EPS and FY2020 earnings at ($0.11) EPS.
Shares of Aurinia Pharmaceuticals (TSE AUP) traded down C$0.19 during trading on Friday, reaching C$6.56. The company had a trading volume of 43,216 shares, compared to its average volume of 124,022. Aurinia Pharmaceuticals has a 52-week low of C$2.75 and a 52-week high of C$14.17.
Aurinia Pharmaceuticals Inc is a Canada-based clinical-stage biopharmaceutical company operating in the field of nephrology and autoimmunity. The Company’s primary business is the development of a therapeutic drug to treat autoimmune diseases, in particular lupus nephritis (LN). It is focused on the development of its lead compound voclosporin, a therapeutic immunomodulating drug candidate, which is a second-generation calcineurin inhibitors (CNI) to treat patients afflicted with LN.
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