Adma Biologics (ADMA) Surges 10.2%: Is This an Indication of Further Gains?
Company Overview - Adma Biologics (ADMA) shares increased by 10.2% to close at 426.5 million from product sales, marking a 65% year-over-year increase [2] Earnings Expectations - The company is projected to report quarterly earnings of 119.1 million, up 45.5% from the same quarter last year [3] Earnings Estimate Revisions - The consensus EPS estimate for the upcoming quarter has been revised 6.7% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] Industry Context - Adma Biologics operates within the Zacks Medical - Biomedical and Genetics industry, where Wave Life Sciences (WVE) has seen a 2.6% increase in its stock price, but has returned -11.2% over the past month [4]