ESSA Pharma (NASDAQ:EPIX) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

ESSA Pharma (NASDAQ:EPIXGet Free Report) (TSE:EPI) announced its quarterly earnings data on Tuesday. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.01), Zacks reports.

ESSA Pharma Price Performance

NASDAQ EPIX opened at $1.61 on Wednesday. ESSA Pharma has a 12 month low of $1.40 and a 12 month high of $10.94. The stock has a 50 day moving average of $1.72 and a 200-day moving average of $3.67.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Oppenheimer cut ESSA Pharma from an “outperform” rating to a “market perform” rating in a report on Monday, November 4th. Piper Sandler cut ESSA Pharma from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $15.00 to $2.00 in a research note on Monday, November 4th. Finally, Jefferies Financial Group cut ESSA Pharma from a “buy” rating to a “hold” rating in a research note on Monday, November 4th.

View Our Latest Analysis on EPIX

About ESSA Pharma

(Get Free Report)

ESSA Pharma Inc, a clinical stage pharmaceutical company, focuses the development of small molecule drugs for the treatment of prostate cancer. The company’s lead candidate EPI-7386, an androgen receptor based resistance mechanisms that develop in patients with castration-resistant prostate cancer and metastatic castration-resistant prostate cancer.

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Earnings History for ESSA Pharma (NASDAQ:EPIX)

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