Protalix Biotherapeutics (PLX) Set to Announce Quarterly Earnings on Wednesday

Protalix Biotherapeutics (NYSEAMERICAN:PLX) is set to issue its quarterly earnings data before the market opens on Wednesday, November 7th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter.

Protalix Biotherapeutics (NYSEAMERICAN:PLX) last released its quarterly earnings data on Thursday, August 9th. The company reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.03). The company had revenue of $2.01 million during the quarter, compared to the consensus estimate of $7.00 million.

NYSEAMERICAN PLX opened at $0.50 on Tuesday. Protalix Biotherapeutics has a twelve month low of $0.38 and a twelve month high of $0.83.

Several research analysts have commented on the company. Zacks Investment Research raised Protalix Biotherapeutics from a “hold” rating to a “buy” rating and set a $0.50 target price on the stock in a report on Tuesday, July 31st. HC Wainwright set a $4.00 target price on Protalix Biotherapeutics and gave the stock a “buy” rating in a report on Wednesday, July 25th.

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About Protalix Biotherapeutics

Protalix BioTherapeutics, Inc, a biopharmaceutical company, focuses on the development and commercialization of recombinant therapeutic proteins based on its proprietary ProCellEx protein expression system in Israel and internationally. The company offers Elelyso, a plant cell expressed recombinant glucocerebrosidase enzyme for the treatment of Gaucher disease.

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Earnings History for Protalix Biotherapeutics (NYSEAMERICAN:PLX)

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