Cumberland Pharmaceuticals (CPIX) to Release Quarterly Earnings on Tuesday

Cumberland Pharmaceuticals (NASDAQ:CPIX) will announce its earnings results after the market closes on Tuesday, November 13th. Analysts expect the company to announce earnings of ($0.19) per share for the quarter.

Cumberland Pharmaceuticals (NASDAQ:CPIX) last posted its earnings results on Tuesday, August 14th. The specialty pharmaceutical company reported $0.01 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.09. The business had revenue of $10.16 million during the quarter, compared to analyst estimates of $9.94 million. Cumberland Pharmaceuticals had a negative return on equity of 3.12% and a negative net margin of 11.16%. On average, analysts expect Cumberland Pharmaceuticals to post $0 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of CPIX remained flat at $$6.16 during trading hours on Wednesday. The company had a trading volume of 400 shares, compared to its average volume of 18,972. The company has a quick ratio of 3.53, a current ratio of 3.96 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $82.82 million, a price-to-earnings ratio of -88.00 and a beta of 0.48. Cumberland Pharmaceuticals has a one year low of $5.06 and a one year high of $7.96.

Several brokerages recently issued reports on CPIX. Zacks Investment Research downgraded shares of Cumberland Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Monday, October 29th. B. Riley reduced their price objective on shares of Cumberland Pharmaceuticals from $9.25 to $8.75 and set a “buy” rating on the stock in a research note on Friday, August 17th.

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About Cumberland Pharmaceuticals

Cumberland Pharmaceuticals Inc, a specialty pharmaceutical company, together with its subsidiaries, focuses on acquiring, developing, and commercializing branded prescription products for hospital acute care, gastroenterology, and oncology markets in the United States and internationally. Its marketed products include Acetadote (acetylcysteine) injection for the treatment of acetaminophen poisoning; Caldolor (ibuprofen) injection for the treatment of pain and fever; Kristalose (lactulose) for the treatment of chronic and acute constipation; Vaprisol (conivaptan) injection for treating hyponatremia; Omeclamox-Pak for the treatment of Helicobacter pylori infection and duodenal ulcer disease; Ethyol (amifostine) for injection to treat oncology patients; and Totect Injection for the treatment of toxic effects.

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Earnings History for Cumberland Pharmaceuticals (NASDAQ:CPIX)

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