Analysts Anticipate Bio-Path Holdings, Inc. (BPTH) Will Post Earnings of -$0.02 Per Share
Equities analysts expect that Bio-Path Holdings, Inc. (NASDAQ:BPTH) will post earnings per share of ($0.02) for the current quarter, according to Zacks. Zero analysts have made estimates for Bio-Path Holdings’ earnings. Bio-Path Holdings reported earnings per share of ($0.01) during the same quarter last year, which would indicate a negative year over year growth rate of 100%. The business is expected to announce its next quarterly earnings results on Wednesday, March 21st.
According to Zacks, analysts expect that Bio-Path Holdings will report full year earnings of ($0.08) per share for the current financial year. For the next financial year, analysts expect that the firm will post earnings of ($0.09) per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow Bio-Path Holdings.
Bio-Path Holdings (NASDAQ:BPTH) last issued its quarterly earnings data on Thursday, November 9th. The company reported ($0.02) EPS for the quarter, hitting analysts’ consensus estimates of ($0.02).
Shares of Bio-Path Holdings (NASDAQ BPTH) opened at $0.31 on Monday. Bio-Path Holdings has a twelve month low of $0.25 and a twelve month high of $1.38.
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Several hedge funds and other institutional investors have recently made changes to their positions in the company. HighTower Advisors LLC boosted its stake in shares of Bio-Path Holdings by 0.3% in the 2nd quarter. HighTower Advisors LLC now owns 1,267,070 shares of the company’s stock worth $492,000 after buying an additional 4,000 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Bio-Path Holdings by 1.7% in the 1st quarter. Bank of New York Mellon Corp now owns 311,645 shares of the company’s stock worth $257,000 after buying an additional 5,172 shares during the last quarter. Sabby Management LLC boosted its stake in shares of Bio-Path Holdings by 73.2% in the 2nd quarter. Sabby Management LLC now owns 1,190,886 shares of the company’s stock worth $462,000 after buying an additional 503,488 shares during the last quarter. Finally, Legal & General Group Plc boosted its stake in shares of Bio-Path Holdings by 5,474.3% in the 2nd quarter. Legal & General Group Plc now owns 1,773,799 shares of the company’s stock worth $681,000 after buying an additional 1,741,978 shares during the last quarter. Hedge funds and other institutional investors own 11.57% of the company’s stock.
Bio-Path Holdings Company Profile
Bio-Path Holdings, Inc is a clinical and preclinical stage oncology focused antisense drug development company. The Company utilizes a technology that achieves systemic delivery for target specific protein inhibition for any gene product that is over-expressed in disease. Its drug delivery and antisense technology, DNAbilize, is a platform that uses P-ethoxy, a deoxyribonucleic acid backbone modification.
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