Adherex Q4 EPS Seen at $0.03; Revenue to Jump 88.8%
Adherex Technologies is expected to report Q4 EPS of $0.03, marking a 150% year-over-year increase on $14.97 million in revenue, up 88.8%. Analysts have revised EPS estimates 403.6% higher over 30 days, driving an Earnings ESP of +140% alongside a Zacks Rank #3 forecast.
1. Earnings and Revenue Forecast
Adherex Technologies is anticipated to post Q4 EPS of $0.03 per share, a 150% increase year-over-year, on revenues projected at $14.97 million, up 88.8% from the prior-year quarter.
2. Estimate Revisions and ESP
Analysts have revised the consensus EPS estimate for the quarter 403.6% higher over the last 30 days, pushing the Earnings ESP to +140%, signaling a strong likelihood of an earnings beat.
3. Zacks Rank and Surprise History
The company holds a Zacks Rank #3 (Hold) and has exceeded consensus EPS estimates in two of the past four quarters, reflecting mixed historical surprise performance.