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What's in Store for ADMA Biologics (ADMA) in Q1 Earnings?
ADMA BiologicsADMA Biologics(US:ADMA) Zacks Investment Researchยท2024-04-29 16:31

Core Viewpoint - Investors are expected to focus on the sales performance of ADMA Biologics' commercial products and pipeline updates during the first-quarter 2024 results announcement [1] Group 1: Sales Performance - ADMA Biologics markets plasma-derived biologics for immune deficiencies and infectious disease prevention, with three FDA-approved products: Bivigam, Asceniv, and Nabi-HB [2] - Revenues in the last reported quarter increased approximately 48% year over year, driven by strong sales of immunoglobulin products, a trend likely to continue in the upcoming quarter [2] - The company's commercial specialty biologics portfolio has been experiencing exponential growth, which is expected to persist in the forthcoming quarter [2] Group 2: Regulatory Approvals - In March 2024, the FDA approved supplemental biologics license applications for Asceniv and Bivigam, extending room temperature storage conditions, which is anticipated to boost sales of these products in the first quarter of 2024 [3] Group 3: Revenue Guidance and Pipeline Development - Due to strong sales in 2023, ADMA Biologics raised its revenue guidance for 2024 and 2025, with investors looking for further updates during the upcoming earnings call [4] - The company plans to advance pre-clinical work for its S. pneumonia hyperimmune globulin pipeline program later in 2024, with management expected to provide updates during the conference call [4][5] Group 4: Earnings Surprise History - ADMA Biologics has a positive earnings surprise history, beating estimates in three of the last four quarters, with an average earnings surprise of 85% [6] - In the last reported quarter, the company achieved a 100% earnings surprise [6] Group 5: Earnings Predictions - Current analysis does not predict a definitive earnings beat for ADMA Biologics, as the Earnings ESP is 0.00% with both the Most Accurate Estimate and Zacks Consensus Estimate at 5 cents per share [7] - The company holds a Zacks Rank of 1 (Strong Buy) [7]