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biotechs: Archive

Zacks Equity Research

Acadia (ACAD) Q2 Earnings Beat, Product Sales Drive Revenues

Acadia (ACAD) reports encouraging second-quarter results as both earnings and revenues beat estimates, driven by higher Nuplazid and Daybue sales.

ACADPositive Net Change ANIXPositive Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Novo Nordisk (NVO) Falls as Q2 Earnings and Sales Miss, View Up

Novo Nordisk (NVO) falls as it reports lower-than-expected Q2 results, missing both earnings and revenue estimates. However, sales of Diabetes and Obesity care products increase year over year.

NVOPositive Net Change ANIXPositive Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

Zoetis (ZTS) Q2 Earnings & Revenues Beat, '24 Outlook Raised

Zoetis (ZTS) reports better-than-expected Q2 results, beating both earnings and revenue estimates, primarily driven by strong sales of companion animal products. Management raises the 2024 outlook.

ZTSPositive Net Change ANIXPositive Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

CRISPR Therapeutics (CRSP) Q2 Loss Wider Than Expected

CRISPR Therapeutics (CRSP) incurs a wider-than-expected loss in the second quarter of 2024. The commercial launch of CRISPR-based gene therapy, Casgevy, is progressing well.

VRTXNegative Net Change HALOPositive Net Change CRSPPositive Net Change RPTXPositive Net Change

Zacks Equity Research

BioMarin (BMRN) Q2 Earnings & Sales Top Estimates, Ups '24 View

BioMarin (BMRN) posts better-than-expected second quarter earnings. It also raises its revenue and earnings guidance for full-year 2024.

BMRNPositive Net Change HALOPositive Net Change IMTXPositive Net Change TRDAPositive Net Change

Zacks Equity Research

Regeneron (REGN) Q2 Earnings Gain From Eylea HD, Dupixent

Regeneron's (REGN) decent second-quarter results can be attributed to strong uptake of Eylea HD sales and high Dupixent profits, even though lead drug Eylea is under pressure.

REGNNegative Net Change SNYPositive Net Change RHHBYPositive Net Change

Kanishka Das

Will These 5 Medical Stocks Surpass Q2 Earnings Forecasts?

Let's look at five biotech and drug companies, AMGN, GILD, LLY, VTRS & NVO, due to release their second-quarter 2024 results this week.

NVOPositive Net Change LLYPositive Net Change AMGNNegative Net Change GILDNegative Net Change VTRSNegative Net Change

Zacks Equity Research

Axsome (AXSM) Q2 Loss Widens Y/Y, Revenues Beat Estimates

Axsome's (AXSM) bottom line declines year over year in the second quarter. Strong sales of Auvelity drive revenues.

JAZZPositive Net Change AXSMPositive Net Change ANIXPositive Net Change ANVSNegative Net Change

Sundeep Ganoria

Novavax (NVAX) Stock Before Q2 Earnings: To Buy or Not to Buy?

On Novavax's (NVAX) second-quarter earnings call, investors will likely focus on the company's pipeline updates and collaboration revenue numbers from its recently entered deal with Sanofi.

SNYPositive Net Change PFEPositive Net Change MRNAPositive Net Change NVAXPositive Net Change

Zacks Equity Research

Blueprint Medicines (BPMC) Down Despite Q2 Earnings Beat

Blueprint Medicines' (BPMC) earnings and revenues surpass estimates in the second quarter of 2024. The company raises its product revenue guidance for 2024. Stock declines.

UTHRPositive Net Change HALOPositive Net Change RPTXPositive Net Change

Zacks Equity Research

Puma Biotechnology's (PBYI) Q2 Loss Narrower Than Expected

Puma Biotechnology (PBYI) beats second-quarter estimates for both the top and the bottom line.

UTHRPositive Net Change HALOPositive Net Change PBYIPositive Net Change RPTXPositive Net Change

Zacks Equity Research

Vertex (VRTX) Q2 Loss Wider Than Expected, '24 Sales View Raised

Vertex (VRTX) incurs a wider-than-expected loss in the second quarter while sales come in line with estimates. Vertex raises its full-year product revenue guidance.

VRTXNegative Net Change HALOPositive Net Change ADMAPositive Net Change CRSPPositive Net Change

Zacks Equity Research

Ionis (IONS) Q2 Earnings and Revenues Beat, Stock Rises

Ionis (IONS) reports better-than-expected top and bottom-line numbers for the second quarter of 2024.

AZNPositive Net Change GSKPositive Net Change BIIBPositive Net Change IONSNegative Net Change

Zacks Equity Research

Alnylam (ALNY) Up as Q2 Earnings Beat on Collaboration Revenues

Alnylam (ALNY) gains 13% on upbeat second-quarter results, beating both earnings and revenue estimates, primarily driven by higher collaboration revenues from Regeneron and strong Amvuttra sales.

REGNNegative Net Change ALNYNegative Net Change NVSPositive Net Change RHHBYPositive Net Change

Ekta Bagri

Should You Buy, Sell or Hold Gilead Sciences (GILD) Before Q2 Earnings?

While Gilead (GILD) has been under pressure year to date due to pipeline setbacks, holding on to this biotech giant should be prudent at current levels.

GSKPositive Net Change GILDNegative Net Change MRUSPositive Net Change

Zacks Equity Research

Ultragenyx (RARE) Q2 Loss Narrower Than Expected, Revenues Up

Ultragenyx (RARE) reports encouraging second-quarter 2024 results, beating both earnings and revenue estimates driven by the year-over-year increase of Crysvita and Dojolvi sales.

REGNNegative Net Change RAREPositive Net Change ANIXPositive Net Change ANVSNegative Net Change

Nalak Das

5 Stocks With Recent Price Strength in a Volatile Market

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are KNSA, HNI, AEYE, BCPC, GRC.

GRCPositive Net Change BCPCPositive Net Change HNIPositive Net Change AEYEPositive Net Change KNSAPositive Net Change

Zacks Equity Research

Amarin (AMRN) Stock Down Despite Q2 Earnings & Revenues Beat

Amarin's (AMRN) second-quarter 2024 earnings and revenues beat estimates. Vascepa's sales in the United States decline year over year. Stock down.

UTHRPositive Net Change HALOPositive Net Change AMRNPositive Net Change RPTXPositive Net Change

Ekta Bagri

Biotech Stock Roundup: BMY, GSK, BIIB's Q2 Results, VTVT Down on Setback

Bristol Myers (BMY) and Biogen (BIIB) are in the spotlight following earnings results and regulatory updates, respectively.

GSKPositive Net Change BIIBPositive Net Change BMYNegative Net Change VTVTPositive Net Change

Zacks Equity Research

Biogen (BIIB) Q2 Earnings & Sales Beat, 2024 Guidance Raised

Biogen (BIIB) beats second-quarter estimates for both earnings and sales. It raises EPS guidance and revenue growth expectations for 2024.

BIIBPositive Net Change MRNAPositive Net Change DNLIPositive Net Change

Zacks Equity Research

Moderna (MRNA) Q2 Earnings Beat, Stock Down on Guidance Slash

Moderna (MRNA) beats expectations for earnings and sales. Management cuts sales guidance by $0.5-$1.0 billion on concerns about competition for its marketed products and low sales in the EU.

MRKPositive Net Change MRNAPositive Net Change HALOPositive Net Change TRDAPositive Net Change

Zacks Equity Research

Apellis (APLS) Q2 Earnings Beat, Syfovre Sales Drive Revenues

Apellis (APLS) reports better-than-expected second-quarter 2024 results, wherein both earnings and revenues beat estimates, driven by strong sales of Syfovre.

APLSPositive Net Change ANIXPositive Net Change AKROPositive Net Change ANVSNegative Net Change

Zacks Equity Research

TEVA Q2 Earnings Beat, Generic Business Drives Sales, Stock Up

TEVA reports better-than-expected second-quarter results, beating both earnings and sales estimates. Management raises the 2024 financial outlook. The stock climbs 6.2% in response.

JNJPositive Net Change NVOPositive Net Change TEVANegative Net Change ABBVPositive Net Change

Zacks Equity Research

Regeneron (REGN) Tops on Q2 Earnings, Eylea HD, Dupixent Fuel Sales

Regeneron (REGN) reports strong Q2 results, wherein both the top and bottom lines beat estimates due to higher Eylea HD and Libtayo sales and profits from Dupixent sales.

REGNNegative Net Change SNYPositive Net Change RHHBYPositive Net Change BAYRYPositive Net Change

Ekta Bagri

Prime Medicine (PRME) Stock: Buy or Sell Before Q2 Earnings?

While Prime Medicine's (PRME) pipeline progress is encouraging, the precarious cash position is worrisome. We advise a wait-and-watch approach before Q2 results.

VRTXNegative Net Change PRMEPositive Net Change CRSPPositive Net Change