Rockwell Medical (RMTI) Set to Announce Earnings on Monday

Rockwell Medical (NASDAQ:RMTI) is scheduled to release its earnings data after the market closes on Monday, May 17th. Analysts expect Rockwell Medical to post earnings of ($0.09) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Rockwell Medical (NASDAQ:RMTI) last posted its earnings results on Tuesday, March 30th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01). Rockwell Medical had a negative return on equity of 117.67% and a negative net margin of 47.23%. On average, analysts expect Rockwell Medical to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of RMTI opened at $0.92 on Friday. The firm has a fifty day simple moving average of $1.01 and a two-hundred day simple moving average of $1.15. The firm has a market cap of $85.63 million, a PE ratio of -2.13 and a beta of 1.11. The company has a current ratio of 6.13, a quick ratio of 5.83 and a debt-to-equity ratio of 0.50. Rockwell Medical has a 1-year low of $0.83 and a 1-year high of $2.25.

RMTI has been the subject of a number of research reports. HC Wainwright reduced their price objective on Rockwell Medical from $9.00 to $5.50 and set a “buy” rating for the company in a research report on Monday, February 8th. Zacks Investment Research lowered shares of Rockwell Medical from a “hold” rating to a “strong sell” rating in a research report on Friday, February 12th.

Rockwell Medical Company Profile

Rockwell Medical, Inc operates as a biopharmaceutical company that targets end-stage renal disease and chronic kidney disease with therapies and products for the treatment of iron deficiency and hemodialysis. The company offers Triferic, an iron therapy that replaces iron and maintains hemoglobin in dialysis patients without increasing iron stores; and Calcitriol, an active vitamin D injection for the management of hypocalcemia in patients undergoing chronic hemodialysis.

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Earnings History for Rockwell Medical (NASDAQ:RMTI)

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