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Market Impact: 0.35

Adherex Technologies Inc. (FENC) Beats Q1 Earnings and Revenue Estimates

FENC
Corporate EarningsCompany FundamentalsAnalyst EstimatesHealthcare & Biotech

Adherex Technologies reported quarterly EPS of $0.01, beating the Zacks consensus estimate for a $0.02 loss and improving from a $0.04 loss a year ago. The results indicate a modest earnings surprise and year-over-year improvement, which could support the stock near term. The update is limited to EPS and does not include revenue or guidance.

Analysis

Adherex Technologies reported quarterly EPS of $0.01, beating the Zacks consensus estimate for a $0.02 loss and improving from a $0.04 loss a year ago. The results indicate a modest earnings surprise and year-over-year improvement, which could support the stock near term. The update is limited to EPS and does not include revenue or guidance.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.35

Ticker Sentiment

FENC0.55