5 Days Ago
1 Min Read

Hold on to ya butts. CFRX's earnings report drops next week.

+0.39% 24h

Contrafect (CFRX) is going to report earnings on August 12. Here's a few things you should know about before the report drops.

Analysts are thinking we'll see an EPS (earnings per share) of -$0.35 for Contrafect on Friday. Over the last 90 days, analysts have lowered estimates twice.

CFRX bulls will first be listening for news that the company beat the analysts' estimates. After that they'll want to hear that the company beat these expectations with robust revenues that were higher than expected. Finally they'll want to hear about a positive growth story that helps analysts frame the company's future as one of growth in the following quarters.

Bears, on the other hand, will look to pounce if the company misses on EPS, Revenues, or future guidance. They will look to push a negative growth story for the stock in the coming quarters, and will gain more traction in a generally down market as opposed a market that is generally trending upwards.

Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates changing from the Q&A call with management, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.

As of August 04 shares of CFRX are trading at $0.308. Over the last 52-week period, the price is down -93.22%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.