Earnings estimate revisions and stock price movements
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Harmony Biosciences (HRMY) Moves 12.7% Higher: Will This Strength Last?
ZACKS· 2025-10-24 09:41
Core Insights - Harmony Biosciences Holdings, Inc. (HRMY) shares increased by 12.7% to close at $29.6, supported by strong trading volume, contrasting with a 1.8% loss over the past four weeks [1][2] Financial Performance - The company reported preliminary third-quarter 2025 revenues for the Wakix (pitolisant) franchise at approximately $239 million, marking a 29% year-over-year increase [2] - Harmony Biosciences raised its revenue guidance for 2025 to a range of $845-$865 million, up from the previous estimate of $820-$860 million [2] - The expected quarterly earnings per share (EPS) for the upcoming report is $0.83, reflecting a year-over-year change of +5.1%, with revenues anticipated at $220.95 million, an 18.8% increase from the previous year [3] Market Sentiment - The consensus EPS estimate for Harmony Biosciences has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] - The stock currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [5] Industry Context - Harmony Biosciences operates within the Zacks Medical - Biomedical and Genetics industry, alongside Oculis Holding AG (OCS), which saw a 0.7% increase in its stock price recently and has returned 19.6% over the past month [5]
Rhythm Pharmaceuticals (RYTM) Stock Jumps 36.6%: Will It Continue to Soar?
ZACKS· 2025-07-10 15:05
Company Overview - Rhythm Pharmaceuticals, Inc. (RYTM) shares increased by 36.6% in the last trading session, closing at $89, with notable trading volume compared to typical sessions [1] - The stock had previously experienced a 3.3% loss over the past four weeks [1] Recent Developments - The stock's rally followed the announcement of positive top-line data from a phase II study of the investigational oral melanocortin-4 receptor (MC4R) agonist, bivamelagon, for patients with acquired hypothalamic obesity [2] - The study results indicated statistically significant and clinically meaningful reductions in body mass index after 14 weeks of treatment with bivamelagon [2] Financial Expectations - The company is projected to report a quarterly loss of $0.64 per share, reflecting a year-over-year change of -16.4% [3] - Expected revenues for the upcoming report are $43.76 million, which represents a 50.5% increase from the same quarter last year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [4] Industry Context - Rhythm Pharmaceuticals is part of the Zacks Medical - Biomedical and Genetics industry, which includes other companies like EyePoint Pharmaceuticals (EYPT) [5] - EYPT shares closed 10.2% higher at $10.96, with an 8% return over the past month [5] - EYPT's consensus EPS estimate for the upcoming report has also remained unchanged at -$0.67, representing a -15.5% change from the previous year [6]