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biotechs: Archive

Zacks Equity Research

Alnylam (ALNY) Q1 Loss Narrower Than Expected, Sales Rise Y/Y

Alnylam (ALNY) reports better-than-expected first-quarter 2024 results as both earnings and revenues beat estimates, primarily driven by strong Amvuttra sales.

REGNPositive Net Change ALNYNegative Net Change NVSPositive Net Change RHHBYPositive Net Change

Zacks Equity Research

Ultragenyx (RARE) Q1 Loss Wider Than Expected, Revenues Rise Y/Y

Ultragenyx (RARE) reports dismal first-quarter 2024 results, missing both earnings and revenue estimates, despite the year-over-year increase of Crysvita and Dojolvi sales.

REGNPositive Net Change LGNDPositive Net Change ANIPPositive Net Change RARENegative Net Change

Zacks Equity Research

Amgen (AMGN) Q1 Earnings Top, Stock Up on Obesity Drug Update

Amgen (AMGN) beats first-quarter 2024 estimates for earnings and sales. Amgen is "very encouraged" by interim data from the phase II study on obesity candidate MariTide.

AZNPositive Net Change NVOPositive Net Change LLYNegative Net Change AMGNPositive Net Change

Zacks Equity Research

Puma Biotechnology's (PBYI) Q1 Earnings and Revenues Beat

Puma Biotechnology (PBYI) reports narrower-than-expected first-quarter 2024 loss. The company maintains its revenue guidance for 2024.

LGNDPositive Net Change PBYINegative Net Change ANIPPositive Net Change VYGRNegative Net Change

Zacks Equity Research

Kymera (KYMR) Q1 Loss Narrower Than Expected, Pipeline in Focus

Kymera (KYMR) reports a narrower-than-expected loss in the first quarter. The company expects the current cash balance to provide a runway into the first half of 2027.

SNYNegative Net Change AMRNPositive Net Change ANIPPositive Net Change KYMRPositive Net Change

Zacks Equity Research

Blueprint (BPMC) Q1 Earnings and Revenues Beat, Stock Rises

Blueprint (BPMC) gains from better-than-expected first-quarter 2024 results, driven by robust Ayvakit sales growth. The company raises its revenue guidance for 2024.

LGNDPositive Net Change ANIPPositive Net Change BPMCNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Why Krystal Biotech (KRYS) Might Surprise This Earnings Season

Krystal Biotech (KRYS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

KRYSPositive Net Change

Zacks Equity Research

Zoetis (ZTS) Q1 Earnings and Revenues Surpass Estimates

Zoetis (ZTS) reports better-than-expected first-quarter results, wherein both earnings and revenues beat estimates. Shares rise.

LGNDPositive Net Change ZTSPositive Net Change BPMCNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Alkermes' (ALKS) Q1 Earnings & Revenues Fall Shy of Estimates

Alkermes' (ALKS) earnings and revenues miss first-quarter 2024 estimates. However, revenues rise year over year on strong proprietary product sales.

ALKSPositive Net Change LGNDPositive Net Change ANIPPositive Net Change VYGRNegative Net Change

Zacks Equity Research

Repligen (RGEN) Q1 Earnings Miss, Revenues Beat Estimates

Repligen's (RGEN) first-quarter 2024 earnings miss estimates while revenues beat the same.

LGNDPositive Net Change RGENNegative Net Change ANIPPositive Net Change VYGRNegative Net Change

Zacks Equity Research

Moderna (MRNA) Q1 Earnings Beat Estimates, Revenues Down Y/Y

Moderna (MRNA) beats expectations for both earnings and sales. Management reiterates guidance to record around $4 billion from product sales in 2024.

MRKPositive Net Change MRNAPositive Net Change LGNDPositive Net Change ANIPPositive Net Change

Zacks Equity Research

Sarepta (SRPT) Q1 Earnings Beat Estimates, Revenues Up Y/Y

Sarepta (SRPT) reports better-than-expected Q1 earnings on the back of strong sales for recently-approved DMD gene therapy Elevidys.

RHHBYPositive Net Change LGNDPositive Net Change SRPTNegative Net Change ANIPPositive Net Change

Zacks Equity Research

Biotech Stock Roundup: GILD's GSK' Q1 Earnings, DCPH Soars on Acquisition News & More

Deciphera Pharmaceuticals, Inc. (DCPH) and GSK are in focus on acquisition news and Q1 earnings, respectively.

GSKPositive Net Change BMYPositive Net Change GILDNegative Net Change EDITPositive Net Change DCPHNo Net Change

Zacks Equity Research

Regeneron (REGN) Q1 Earnings, Sales Miss on Lower Eylea Sales

Regeneron (REGN) reports Q1 results, wherein both the top and bottom lines miss estimates due to lower Eylea sales. Shares down.

REGNPositive Net Change SNYNegative Net Change BAYRYPositive Net Change TSVTNegative Net Change

Zacks Equity Research

Novo Nordisk (NVO) Q1 Earnings Beat, GLP-1 Drugs Boost Sales

Novo Nordisk (NVO) reports better-than-expected first-quarter results, beating both earnings and revenues, driven by strong sales of Diabetes and Obesity care products.

NVOPositive Net Change LGNDPositive Net Change BPMCNegative Net Change ANVSPositive Net Change

Zacks Equity Research

Amarin's (AMRN) Q1 Earnings and Revenues Surpass Estimates

Amarin (AMRN) posts better-than-expected first-quarter 2024 results. Vascepa's sales in the United States continue to be hurt by generic competition.

LGNDPositive Net Change AMRNPositive Net Change ANIPPositive Net Change VYGRNegative Net Change

Zacks Equity Research

GSK Beats Q1 Earnings & Sales Estimates, Ups 2024 Guidance

GSK's revenues benefit from strong growth across the Specialty Medicines and Vaccines segments. The company raises guidance for earnings and sales for the full year.

GSKPositive Net Change JNJPositive Net Change ANIPPositive Net Change VIRPositive Net Change

Zacks Equity Research

Annexon (ANNX) to Report Q1 Earnings: What's in the Cards?

Annexon (ANNX) is expected to provide updates from the phase III study evaluating its lead candidate, ANX005, for the treatment of GBS in the first-quarter earnings release.

ALNYNegative Net Change ATRANegative Net Change ARGXNegative Net Change ANNXPositive Net Change

Zacks Equity Research

Exelixis (EXEL) Q1 Earnings Miss, Cabometyx Sales Fall Short

Exelixis (EXEL) misses on earnings and sales in the first quarter. Its shares are trading down in response to the results.

EXELPositive Net Change AMRNPositive Net Change ANIPPositive Net Change VYGRNegative Net Change

Zacks Equity Research

BioNTech (BNTX) to Report Q1 Earnings: Is a Beat in Store?

On BioNTech's (BNTX) first-quarter 2024 earnings call, investors' focus is likely to be on the updates related to its pipeline development now that the pandemic is over.

PFENegative Net Change SRPTNegative Net Change ATRANegative Net Change BNTXPositive Net Change

Zacks Equity Research

Incyte's (INCY) Q1 Earnings & Revenues Fall Shy of Estimates

Incyte's (INCY) first-quarter 2024 earnings and revenues miss estimates. The company maintains 2024 revenue guidance for its lead drug, Jakafi.

NVSPositive Net Change LLYNegative Net Change INCYNegative Net Change SNDXNegative Net Change

Zacks Equity Research

Will These 5 Drug/Biotech Stocks Beat Q1 Earnings Forecast?

Let's look at five large-cap pharma/biotech companies slated to release quarterly results this week.

REGNPositive Net Change PFENegative Net Change NVOPositive Net Change AMGNPositive Net Change MRNAPositive Net Change

Zacks Equity Research

Vertex (VRTX) to Report Q1 Earnings: What's in the Cards?

Vertex's (VRTX) revenues in the first quarter of 2024 are likely to have been driven by the robust sales of its lead CF product, Trikafta/Kaftrio.

ALNYNegative Net Change VRTXPositive Net Change CRSPPositive Net Change ALPNPositive Net Change

Zacks Equity Research

What's in the Cards for Amgen (AMGN) This Earnings Season?

Volume growth from Amgen's (AMGN) key drugs like Prolia, Repatha and Evenity, among others, is expected to have been partially offset by biosimilar/generic competition for mature drugs.

ALNYNegative Net Change AMGNPositive Net Change EXELPositive Net Change NVAXNo Net Change

Zacks Equity Research

Moderna (MRNA) Gears Up for Q1 Earnings: Here's What to Expect

Investors' focus will likely be on updates on Moderna's (MRNA) expected RSV vaccine launch and its late-stage pipeline candidates when it reports first-quarter earnings.

MRKPositive Net Change MRNAPositive Net Change SRPTNegative Net Change ARGXNegative Net Change