Aytu Bioscience, Inc. (AYTU) Studies Q1 Loss, Lags Income Estimates

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Aytu Bioscience, Inc. (AYTU) Studies Q1 Loss, Lags Income Estimates

Aytu Bioscience, Inc. (AYTU) got here out with a quarterly lack of $0.32 per share versus the Zacks


Aytu Bioscience, Inc. (AYTU) got here out with a quarterly lack of $0.32 per share versus the Zacks Consensus Estimate of a lack of $0.30. This compares to lack of $1.96 per share a 12 months in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -6.67%. 1 / 4 in the past, it was anticipated that this firm would publish a lack of $0.41 per share when it really produced a lack of $1.30, delivering a shock of -217.07%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.

Aytu Bioscience, Inc.Which belongs to the Zacks Medical – Biomedical and Genetics trade, posted revenues of $1.44 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 0.69%. This compares to year-ago revenues of $1.43 million. The corporate has topped consensus income estimates thrice over the past 4 quarters.

The sustainability of the inventory’s speedy value motion based mostly on the…



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