Concordia International Corp. (CXRX) Set to Announce Earnings on Tuesday

Concordia International Corp. (NASDAQ:CXRX) (TSE:CXR) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, November 14th. Analysts expect Concordia International Corp. to post earnings of $0.14 per share for the quarter.

Concordia International Corp. (NASDAQ:CXRX) (TSE:CXR) last issued its earnings results on Friday, August 11th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.04. The company had revenue of $160.80 million for the quarter, compared to the consensus estimate of $160.92 million. Concordia International Corp. had a negative return on equity of 83.96% and a negative net margin of 269.97%. The firm’s quarterly revenue was down 30.6% on a year-over-year basis. During the same quarter last year, the company earned $1.38 EPS. On average, analysts expect Concordia International Corp. to post $0 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of Concordia International Corp. (NASDAQ:CXRX) opened at $0.54 on Friday. Concordia International Corp. has a 12 month low of $0.47 and a 12 month high of $3.52. The company has a debt-to-equity ratio of -2.48, a current ratio of 1.89 and a quick ratio of 1.62.

Several analysts recently issued reports on the company. Zacks Investment Research downgraded Concordia International Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th. ValuEngine raised Concordia International Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Four investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the stock. Concordia International Corp. has a consensus rating of “Hold” and a consensus target price of $0.50.

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About Concordia International Corp.

Earnings History for Concordia International Corp. (NASDAQ:CXRX)

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