Analysts are estimating that Ardelyx will report an earnings per share (EPS) of $-0.13.
Ardelyx 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).
Overview of Past Earnings
In the previous earnings release, the company missed EPS by $0.09, leading to a 24.5% drop in the share price the following trading session.
Here's a look at Ardelyx's past performance and the resulting price change:
Quarter
Q1 2025
Q4 2024
Q3 2024
Q2 2024
EPS Estimate
-0.08
0
-0.05
-0.11
EPS Actual
-0.17
0.02
0
-0.07
Price Change %
-24.0%
-12.0%
4.0%
10.0%
Market Performance of Ardelyx's Stock
Shares of Ardelyx were trading at $4.24 as of July 31. Over the last 52-week period, shares are down 25.3%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
Insights Shared by Analysts on Ardelyx
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Ardelyx.
The consensus rating for Ardelyx is Buy, derived from 1 analyst ratings. An average one-year price target of $10.0 implies ...
