Earnings Preview: Anavex Life Sciences - Anavex Life Sciences (NASDAQ:AVXL)
Anavex Life Sciences AVXL is set to give its latest quarterly earnings report on Monday, 2022-11-28. Here's what investors need to know before the announcement.
Analysts estimate that Anavex Life Sciences will report an earnings per share (EPS) of $-0.16.
Anavex Life Sciences bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at Anavex Life Sciences's past performance and the resulting price change:
Shares of Anavex Life Sciences were trading at $11.36 as of November 22. Over the last 52-week period, shares are down 43.74%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
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