ADC Therapeutics SA will announce its quarterly results on August 9 and will present the numbers for Q2. Wall Street analysts are expecting losses per share of $0.798. The company is expected to report $31.2 million in Q2 after a loss of $0.950 in Q2 of last year. You can watch the stock live ahead of the earnings report. ADC has reported Q2 results in four prior years. In addition, the company reports its Q4 and Q1 earnings reports to the public.
The predicted move is the price movement of the stock after the earnings announcement. If the announcement is positive, it facilitates a percentage increase in the stock’s price before the end of the trading day. Otherwise, a negative announcement means a decrease in the stock’s price. In either case, the counter-strategy is to buy the stock. Depending on the situation, the predicted move can help you protect your investment portfolio.