Syros Pharmaceuticals's Earnings: A Preview

Syros Pharmaceuticals NASDAQ:SYRS is set to give its latest quarterly earnings report on Tuesday, 2022-03-15. Here's what investors need to know before the announcement.

Analysts estimate that Syros Pharmaceuticals will report an earnings per share (EPS) of $-0.47.

Syros Pharmaceuticals bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.03, which was followed by a 0.0% drop in the share price the next day.

Here's a look at Syros Pharmaceuticals's past performance and the resulting price change:

Stock Performance

Shares of Syros Pharmaceuticals were trading at $1.15 as of March 11. Over the last 52-week period, shares are down 88.21%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.