Trevena (TRVN) To Post Q1 Earnings: What Awaits The Stock?

 | Apr 23, 2019 11:43PM ET

Investor focus will be on Trevena, Inc.’s (NASDAQ:TRVN) efforts to support the development of its pain therapy, oliceridine injection, when the company reports first-quarter 2019 earnings.

Trevena’s performance over the last four quarters has been encouraging so far with the company’s earnings surpassing expectations thrice and missing the mark just once. The average positive surprise over the trailing four quarters is 3.38%. In the last reported quarter, Trevena came up with a negative earnings surprise of 66.67%.

Shares of Trevena have skyrocketed 239.5% in the year so far, outperforming the Zacks Investment Research

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