Brokerages Anticipate Leap Therapeutics Inc (LPTX) to Post -$0.77 Earnings Per Share

Brokerages expect that Leap Therapeutics Inc (NASDAQ:LPTX) will announce ($0.77) earnings per share (EPS) for the current quarter, Zacks reports. Zero analysts have made estimates for Leap Therapeutics’ earnings. The firm is expected to report its next earnings results on Monday, February 26th.

On average, analysts expect that Leap Therapeutics will report full year earnings of ($3.63) per share for the current year, with EPS estimates ranging from ($3.73) to ($3.53). For the next fiscal year, analysts forecast that the firm will report earnings of ($2.61) per share, with EPS estimates ranging from ($3.13) to ($2.08). Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Leap Therapeutics.

Separately, Zacks Investment Research upgraded shares of Leap Therapeutics from a “hold” rating to a “buy” rating and set a $7.00 target price on the stock in a report on Tuesday, January 23rd.

An institutional investor recently bought a new position in Leap Therapeutics stock. Sabby Management LLC acquired a new position in shares of Leap Therapeutics Inc (NASDAQ:LPTX) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 89,350 shares of the company’s stock, valued at approximately $558,000. Sabby Management LLC owned 0.72% of Leap Therapeutics at the end of the most recent reporting period. 1.33% of the stock is currently owned by institutional investors.

Leap Therapeutics (NASDAQ:LPTX) opened at $6.54 on Thursday. Leap Therapeutics has a fifty-two week low of $4.90 and a fifty-two week high of $9.44.

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Leap Therapeutics Company Profile

Leap Therapeutics, Inc, formerly HealthCare Pharmaceuticals, Inc, is a clinical-stage biopharmaceutical company. The Company engages in acquiring and developing therapeutics in cancer biology. Its lead product candidates for use in clinical trials include TRX518 and DKN-01. DKN-01 is a monoclonal antibody targeting Dickkopf-related protein 1 (DKK1).

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