Oncolytics Biotech (ONCY) Set to Announce Quarterly Earnings on Monday

Oncolytics Biotech (NASDAQ:ONCY) is scheduled to announce its earnings results before the market opens on Monday, November 12th. Analysts expect the company to announce earnings of ($0.19) per share for the quarter.

Oncolytics Biotech (NASDAQ:ONCY) last announced its quarterly earnings results on Friday, August 3rd. The company reported ($0.21) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.25). On average, analysts expect Oncolytics Biotech to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

NASDAQ:ONCY traded down $0.04 on Tuesday, hitting $2.80. 1,000 shares of the stock were exchanged, compared to its average volume of 78,446. The firm has a market capitalization of $47.53 million, a PE ratio of -3.35 and a beta of 1.84. Oncolytics Biotech has a fifty-two week low of $2.60 and a fifty-two week high of $8.55.

Several equities research analysts have commented on ONCY shares. LADENBURG THALM/SH SH started coverage on Oncolytics Biotech in a research note on Monday, October 1st. They set a “buy” rating for the company. ValuEngine lowered Oncolytics Biotech from a “buy” rating to a “hold” rating in a research note on Thursday, July 26th.

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About Oncolytics Biotech

Oncolytics Biotech Inc, a development stage biopharmaceutical company, focuses on the discovery and development of pharmaceutical products for the treatment of cancer. The company is developing REOLYSIN, an immuno-oncology viral-agent that comprises three programs: chemotherapy combinations to trigger selective tumor lysis; immune modulator combinations to facilitate innate immune responses; and immuno-therapy combinations to produce adaptive immune responses.

Further Reading: Correction

Earnings History for Oncolytics Biotech (NASDAQ:ONCY)

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