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Stock impact report

News Flash: 10 Analysts Think Protagonist Therapeutics, Inc. (NASDAQ:PTGX) Earnings Are Under Threat [Yahoo! Finance]

Protagonist Therapeutics, Inc. (PTGX) 
Last protagonist therapeutics, inc. earnings: 3/10 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.protagonist-inc.com
Company Research Source: Yahoo! Finance
NASDAQ:PTGX ), with the analysts making across-the-board cuts to their statutory estimates that might leave shareholders a little shell-shocked. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting the analysts have soured majorly on the business. At US$37.59, shares are up 4.4% in the past 7 days. Investors could be forgiven for changing their mind on the business following the downgrade; but it's not clear if the revised forecasts will lead to selling activity. Following the downgrade, the consensus from ten analysts covering Protagonist Therapeutics is for revenues of US$94m in 2025, implying a concerning 78% decline in sales compared to the last 12 months. Following this this downgrade, earnings are now expected to tip over into loss-making territory, with the analysts forecasting losses of US$1.20 per share in 2025. Yet prior to the latest estimates, the analysts had been forecasting revenues of US$128m and losses of US$1.02 per share in 2025. Er Show less Read more
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