Q4 2017 Earnings Estimate for Aurinia Pharmaceuticals Inc (TSE:AUP) Issued By Seaport Global Securities

Aurinia Pharmaceuticals Inc (TSE:AUP) (NASDAQ:AUPH) – Equities researchers at Seaport Global Securities cut their Q4 2017 earnings estimates for shares of Aurinia Pharmaceuticals in a research note issued to investors on Wednesday, according to Zacks Investment Research. Seaport Global Securities analyst V. Bernardino now anticipates that the company will post earnings per share of ($0.10) for the quarter, down from their prior estimate of ($0.05). Seaport Global Securities currently has a “Buy” rating on the stock. Seaport Global Securities also issued estimates for Aurinia Pharmaceuticals’ FY2019 earnings at ($0.24) EPS and FY2020 earnings at ($0.11) EPS.

Aurinia Pharmaceuticals (AUP) traded down C$0.04 during mid-day trading on Friday, reaching C$6.78. The company’s stock had a trading volume of 42,831 shares, compared to its average volume of 76,794. Aurinia Pharmaceuticals has a 52-week low of C$2.75 and a 52-week high of C$14.17.

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Aurinia Pharmaceuticals Company Profile

Aurinia Pharmaceuticals Inc is a Canada-based clinical-stage biopharmaceutical company operating in the field of nephrology and autoimmunity. The Company’s primary business is the development of a therapeutic drug to treat autoimmune diseases, in particular lupus nephritis (LN). It is focused on the development of its lead compound voclosporin, a therapeutic immunomodulating drug candidate, which is a second-generation calcineurin inhibitors (CNI) to treat patients afflicted with LN.

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