Wall Street brokerages predict that Jounce Therapeutics Inc (NASDAQ:JNCE) will post ($0.31) earnings per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Jounce Therapeutics’ earnings, with the highest EPS estimate coming in at ($0.20) and the lowest estimate coming in at ($0.42). Jounce Therapeutics posted earnings of ($0.14) per share in the same quarter last year, which indicates a negative year over year growth rate of 121.4%. The firm is expected to announce its next earnings report on Thursday, August 8th.
On average, analysts expect that Jounce Therapeutics will report full year earnings of ($1.20) per share for the current fiscal year, with EPS estimates ranging from ($1.46) to ($0.67). For the next year, analysts anticipate that the company will report earnings of ($1.37) per share, with EPS estimates ranging from ($3.39) to $0.68. Zacks’ EPS calculations are an average based on a survey of research firms that that provide coverage for Jounce Therapeutics.
Jounce Therapeutics (NASDAQ:JNCE) last posted its earnings results on Wednesday, May 8th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.31) by ($0.07). The business had revenue of $10.98 million during the quarter, compared to analyst estimates of $14.75 million. Jounce Therapeutics had a negative net margin of 41.13% and a negative return on equity of 26.05%.
NASDAQ JNCE traded up $0.01 during trading on Thursday, reaching $4.18. The company’s stock had a trading volume of 1,745 shares, compared to its average volume of 110,527. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $136.18 million, a PE ratio of -4.86 and a beta of 3.46. The stock has a 50-day simple moving average of $4.52. Jounce Therapeutics has a 1-year low of $2.66 and a 1-year high of $8.58.
About Jounce Therapeutics
Jounce Therapeutics, Inc, a clinical-stage immunotherapy company, develops therapies for the treatment of cancer. The company offers vopratelimab, a clinical-stage monoclonal antibody that binds to and activates the Inducible T cell CO-Stimulator, a protein on the surface of T cells found in various solid tumors, which is in Phase I/II clinical trial for the treatment of head and neck squamous cell cancer, non-small cell lung cancer, triple negative breast cancer, gastric cancer, and other tumor types identified through its translational science platform.
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