-$0.01 Earnings Per Share Expected for Kitov Pharma (KTOV) This Quarter

Wall Street analysts expect Kitov Pharma (NASDAQ:KTOV) to announce earnings per share (EPS) of ($0.01) for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Kitov Pharma’s earnings. The firm is expected to report its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that Kitov Pharma will report full year earnings of ($0.01) per share for the current fiscal year. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Kitov Pharma.

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Separately, ValuEngine downgraded Kitov Pharma from a “hold” rating to a “sell” rating in a research note on Thursday, March 1st.

Shares of KTOV stock opened at $2.18 on Friday. Kitov Pharma has a 1-year low of $1.27 and a 1-year high of $3.44. The firm has a market cap of $24.44, a P/E ratio of -1.68 and a beta of 2.83.

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About Kitov Pharma

Kitov Pharma Ltd, through its subsidiaries, operates as a development stage biopharmaceutical company in Israel. It develops combination drugs for the simultaneous treatment of pain caused by osteoarthritis and hypertension. The company's lead drug candidate is KIT-302, a fixed dosage combination product based on the generic drugs celecoxib and amlodipine besylate that has completed its Phase III clinical study.

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