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Stock impact report

Strength Seen in Xeris Biopharma (XERS): Can Its 5.6% Jump Turn into More Strength? [Yahoo! Finance]

Xeris Biopharma Holdings, Inc. (XERS) 
Last xeris biopharma holdings, inc. earnings: 3/11 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
This compares to the stock's 34.9% gain over the past four weeks. Earlier this week, the FDA approved Xeris' supplemental new drug application for Gvoke VialDx for use as a diagnostic aid, designed to temporarily inhibit movement of the gastrointestinal tract in adult patients during radiologic diagnostic procedures. The company also entered into a partnership with American Regent to commercialize Gvoke VialDx in the United States. The growing optimism related to this development might have driven the recent share price rally. This company is expected to post quarterly loss of $0.07 per share in its upcoming report, which represents a year-over-year change of +50%. Revenues are expected to be $57.75 million, up 42.1% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements Show less Read more
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