Sneak Preview of Catalyst Pharmaceuticals, Inc. ($CPRX) 2Q20 Earnings

Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX) is expected to report second quarter earnings results, after market close, on Monday 10th August 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.08 per share.

Looking ahead, the full year income are expected at $ 0.37 per share on the revenues of $ 126.64 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 135.00 million ~ $ 155.00 million

Click Here For More Historical Outlooks Of Catalyst Pharmaceuticals, Inc.

Previous Quarter Performance

Catalyst Pharmaceuticals, Inc. disclosed income for the first quarter of $ 0.10 per share, from the revenue of $ 29.14 million. The consensus estimates are income of $ 0.09 per share from $ 31.46 million in revenue. The bottom line results beat street analysts by $ 0.01 or 11.11 percent, at the same time, top line results fell short of analysts by $ 2.32 million or 7.37 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Catalyst Pharmaceuticals, Inc.

Stock Performance

According to the previous trading day, closing price of CPRX was $ 4.05, representing a 58.82 % increase from the 52 week low of $ 2.55 and a 47.2 % decrease over the 52 week high of $ 7.67.

The company has a market capital of $ 418.88 million and is part of the Healthcare sector and Drug Manufacturers – Specialty & Generic industry.

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Catalyst Pharmaceuticals, Inc., a biopharmaceutical company, focuses on developing and commercializing therapies for people with rare debilitating, chronic neuromuscular, and neurological diseases. It offers Firdapse, a proprietary form of amifampridine phosphate for the treatment of patients with lambert-eaton myasthenic syndrome in the United States. The company also develops Firdapse, which is in various clinical trials for the treatment of patients with congenital myasthenic syndrome, anti-MuSK antibody positive myasthenia gravis, and spinal muscular atrophy type 3.

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