Caladrius Biosciences (CLBS) Posts Earnings Results, Beats Estimates By $0.20 EPS

Caladrius Biosciences (NASDAQ:CLBS) issued its quarterly earnings results on Thursday. The biotechnology company reported ($0.36) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.56) by $0.20, Fidelity Earnings reports.

Shares of NASDAQ:CLBS traded down $0.68 during midday trading on Friday, reaching $4.53. The company had a trading volume of 21,628 shares, compared to its average volume of 36,147. The company has a market capitalization of $47.56 million, a P/E ratio of -2.54 and a beta of 1.22. Caladrius Biosciences has a 52-week low of $2.91 and a 52-week high of $11.65.

A number of brokerages recently weighed in on CLBS. Zacks Investment Research raised shares of Caladrius Biosciences from a “hold” rating to a “buy” rating and set a $6.25 price target on the stock in a report on Wednesday, September 12th. Chardan Capital reissued a “buy” rating on shares of Caladrius Biosciences in a report on Wednesday, August 29th. Finally, HC Wainwright boosted their price target on shares of Caladrius Biosciences to $15.00 and gave the stock a “buy” rating in a report on Monday, September 10th.

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Caladrius Biosciences Company Profile

Caladrius Biosciences, Inc operates as a global healthcare company, which engages in developing cellular therapies that repair damaged tissue, cells and organs and restore their normal function. It is pursuing the preservation and enhancement of human health globally through the development of cell based therapeutics that prevent, treat or cure disease.

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Earnings History for Caladrius Biosciences (NASDAQ:CLBS)

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