Equities analysts expect Kadmon Co. (NYSE:KDMN) to report earnings of ($0.25) per share for the current quarter, according to Zacks. Two analysts have made estimates for Kadmon’s earnings. The lowest EPS estimate is ($0.26) and the highest is ($0.23). Kadmon reported earnings of ($0.39) per share in the same quarter last year, which indicates a positive year-over-year growth rate of 35.9%. The firm is scheduled to announce its next quarterly earnings results on Monday, May 21st.
On average, analysts expect that Kadmon will report full year earnings of ($1.11) per share for the current year, with EPS estimates ranging from ($1.25) to ($0.96). For the next year, analysts expect that the business will post earnings of ($0.91) per share, with EPS estimates ranging from ($1.29) to ($0.38). Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Kadmon.
Kadmon (NYSE:KDMN) last announced its earnings results on Tuesday, March 6th. The company reported ($0.24) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.12. The business had revenue of $1.50 million for the quarter, compared to analysts’ expectations of $3.07 million. During the same period in the prior year, the business earned ($0.50) earnings per share. The company’s revenue for the quarter was down 65.1% compared to the same quarter last year.
Shares of Kadmon stock opened at $3.92 on Friday. Kadmon has a 1 year low of $2.05 and a 1 year high of $5.86. The firm has a market cap of $316.93, a PE ratio of -2.76 and a beta of 3.97.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp purchased a new stake in Kadmon in the 3rd quarter worth about $119,000. BlueCrest Capital Management Ltd purchased a new position in Kadmon during the 4th quarter valued at about $241,000. Wells Fargo & Company MN grew its holdings in Kadmon by 23.2% during the 3rd quarter. Wells Fargo & Company MN now owns 73,956 shares of the company’s stock valued at $247,000 after buying an additional 13,923 shares in the last quarter. BlackRock Inc. grew its holdings in Kadmon by 151.2% during the 4th quarter. BlackRock Inc. now owns 208,190 shares of the company’s stock valued at $754,000 after buying an additional 125,308 shares in the last quarter. Finally, Sawtooth Solutions LLC purchased a new position in Kadmon during the 4th quarter valued at about $799,000. 61.71% of the stock is owned by institutional investors.
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Kadmon Company Profile
Kadmon Holdings, Inc, a biopharmaceutical company, discovers, develops, and commercializes small molecules and biologics within autoimmune and fibrotic, oncology, and genetic diseases. The company markets and distributes a portfolio of branded generic ribavirin products for chronic hepatitis C virus infection; and distributes products in various therapeutic areas, including those indicated for the management of rare diseases.
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