Eyenovia (EYEN) to Release Quarterly Earnings on Tuesday

Eyenovia (NASDAQ:EYEN) is scheduled to be releasing its earnings data before the market opens on Tuesday, November 13th. Analysts expect Eyenovia to post earnings of ($0.42) per share for the quarter.

Eyenovia (NASDAQ:EYEN) last posted its quarterly earnings data on Tuesday, August 14th. The company reported ($0.33) EPS for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.09. On average, analysts expect Eyenovia to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

EYEN stock traded down $0.18 during mid-day trading on Tuesday, reaching $3.65. 200 shares of the stock traded hands, compared to its average volume of 21,845. Eyenovia has a 52-week low of $2.94 and a 52-week high of $10.74. The firm has a market capitalization of $39.19 million and a PE ratio of -1.67.

A number of research firms have commented on EYEN. Zacks Investment Research raised shares of Eyenovia from a “sell” rating to a “hold” rating in a research note on Wednesday, July 25th. HC Wainwright started coverage on shares of Eyenovia in a research note on Tuesday, October 9th. They set a “buy” rating and a $12.00 price objective for the company. Finally, ValuEngine raised shares of Eyenovia from a “hold” rating to a “buy” rating in a research report on Thursday, November 1st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $18.31.

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About Eyenovia

Eyenovia, Inc, a clinical stage biopharmaceutical company, engages in developing a pipeline of ophthalmology products in the United States. It is developing MicroProst, which is in Phase III clinical trials for the treatment of chronic angle closure glaucoma; MicroStat, which is in Phase III clinical trials for the treatment of mydriasis; MicroTears for the treatment of dry eye; and MicroPine for the treatment of myopia.

Further Reading: Institutional Investors

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