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Ironwood Pharmaceuticals (IRWD) Reports Q1 Loss, Misses Revenue Estimates
ZACKS· 2025-05-07 13:20
Ironwood Pharmaceuticals (IRWD) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -180%. A quarter ago, it was expected that this drugmaker would post earnings of $0.10 per share when it actually produced earnings of $0.02, delivering a surprise of -80%.Over the last four quarters, the company ...
Personalis (PSNL) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-06 23:00
Personalis (PSNL) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.26 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 21.74%. A quarter ago, it was expected that this provider of contract research and genomic information would post a loss of $0.25 per share when it actually produced a loss of $0.23, delivering a surprise of 8%. Over the last ...
Lyra Therapeutics, Inc. (LYRA) Reports Q1 Loss, Lags Revenue Estimates
ZACKS· 2025-05-06 22:20
Company Performance - Lyra Therapeutics reported a quarterly loss of $0.12 per share, better than the Zacks Consensus Estimate of a loss of $0.15, and an improvement from a loss of $0.35 per share a year ago, representing an earnings surprise of 20% [1] - The company posted revenues of $0.18 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 23.75%, and a decline from year-ago revenues of $0.53 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times, but has topped consensus revenue estimates only once [2] Stock Performance - Lyra Therapeutics shares have declined approximately 49.7% since the beginning of the year, compared to a decline of 3.9% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -$0.17 on revenues of $0.24 million, and for the current fiscal year, it is -$0.61 on revenues of $0.97 million [7] Industry Outlook - The Medical - Drugs industry, to which Lyra Therapeutics belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The performance of Lyra Therapeutics may be influenced by the overall industry outlook, as empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [5][8]
Cytokinetics Reports First Quarter 2025 Financial Results and Provides Business Update
Globenewswire· 2025-05-06 20:00
Core Insights - The FDA has extended the PDUFA date for aficamten in obstructive HCM to December 26, 2025, allowing more time for the review of a REMS submission [3][2] - Cytokinetics is advancing its specialty cardiology pipeline and expects topline results from MAPLE-HCM in May 2025 and from ACACIA-HCM in the first half of 2026 [2][3] Financial Overview - As of March 31, 2025, the company reported approximately $1.1 billion in cash, cash equivalents, and investments, a decrease from $1.2 billion at the end of 2024 [9] - Total revenues for Q1 2025 were $1.6 million, up from $0.8 million in Q1 2024 [10] - R&D expenses for Q1 2025 were $99.8 million, compared to $81.6 million in Q1 2024, primarily due to advancing clinical trials [11] - G&A expenses for Q1 2025 were $57.4 million, an increase from $45.5 million in Q1 2024, attributed to investments in commercial readiness [12] - The net loss for Q1 2025 was $161.4 million, or $(1.36) per share, compared to a net loss of $135.6 million, or $(1.33) per share, in Q1 2024 [13] Clinical Development Updates - Enrollment in ACACIA-HCM has been completed, with over 500 patients enrolled, and topline results are expected in 1H 2026 [3][5] - The primary endpoint for ACACIA-HCM has been updated to include both KCCQ Clinical Summary Score and peak VO2 change [5] - Ongoing clinical trials include COMET-HF for omecamtiv mecarbil and AMBER-HFpEF for CK-586, with expected completion of enrollment in 2026 [4] Corporate Activities - The company is enhancing its commercial readiness for aficamten, including recruiting sales force and establishing distribution partnerships [5] - Cytokinetics has launched EARTH-HCM, an online public health education tool, and awarded grants to patient advocacy organizations [15] - The company maintains its full-year 2025 financial guidance, projecting GAAP operating expenses between $670 million and $710 million [16][17]
Vivos Therapeutics, Inc. (VVOS) May Report Negative Earnings: Know the Trend Ahead of Q1 Release
ZACKS· 2025-05-06 15:05
Wall Street expects a year-over-year increase in earnings on higher revenues when Vivos Therapeutics, Inc. (VVOS) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the ...
Heron Therapeutics (HRTX) Q1 Earnings and Revenues Top Estimates
ZACKS· 2025-05-06 13:56
Company Performance - Heron Therapeutics reported quarterly earnings of $0.01 per share, surpassing the Zacks Consensus Estimate of a loss of $0.01 per share, and improving from a loss of $0.02 per share a year ago, representing an earnings surprise of 200% [1] - The company posted revenues of $38.9 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 4.93%, compared to revenues of $34.67 million in the same quarter last year [2] - Over the last four quarters, Heron Therapeutics has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Heron Therapeutics shares have increased by approximately 39.2% since the beginning of the year, while the S&P 500 has declined by 3.9% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.01 on revenues of $37.68 million, and for the current fiscal year, it is $0.01 on revenues of $157.15 million [7] Industry Outlook - The Medical - Drugs industry, to which Heron Therapeutics belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the industry outlook can significantly impact stock performance [5][8]
Bioventus (BVS) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-05-06 13:45
Core Viewpoint - Bioventus reported quarterly earnings of $0.08 per share, exceeding the Zacks Consensus Estimate of $0.06 per share, and showing an increase from $0.07 per share a year ago, indicating a positive earnings surprise of 33.33% [1] Financial Performance - The company achieved revenues of $123.88 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.72%, although this represents a decline from $129.46 million in the same quarter last year [2] - Over the last four quarters, Bioventus has exceeded consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance - Bioventus shares have declined approximately 33.1% since the beginning of the year, contrasting with the S&P 500's decline of 3.9% [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.24 on revenues of $148.6 million, and for the current fiscal year, it is $0.66 on revenues of $565.01 million [7] - The estimate revisions trend for Bioventus is currently favorable, leading to a Zacks Rank 2 (Buy), suggesting that the shares are expected to outperform the market in the near future [6] Industry Context - The Medical - Drugs industry, to which Bioventus belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook for stocks within this sector [8]
Zoetis (ZTS) Surpasses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-06 13:15
Company Performance - Zoetis reported quarterly earnings of $1.48 per share, exceeding the Zacks Consensus Estimate of $1.40 per share, and showing an increase from $1.38 per share a year ago, representing an earnings surprise of 5.71% [1] - The company posted revenues of $2.22 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.35% and showing growth from $2.19 billion year-over-year [2] - Over the last four quarters, Zoetis has consistently surpassed consensus EPS and revenue estimates [2] Stock Outlook - The immediate price movement of Zoetis shares will largely depend on management's commentary during the earnings call, with shares down about 3% year-to-date compared to the S&P 500's decline of 3.9% [3] - The current consensus EPS estimate for the upcoming quarter is $1.59 on revenues of $2.38 billion, and for the current fiscal year, it is $6.07 on revenues of $9.31 billion [7] Industry Context - The Medical - Drugs industry, to which Zoetis belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Zoetis's stock performance [5]
Corcept Therapeutics (CORT) Meets Q1 Earnings Estimates
ZACKS· 2025-05-05 22:30
Corcept Therapeutics (CORT) came out with quarterly earnings of $0.17 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this drug developer would post earnings of $0.37 per share when it actually produced earnings of $0.26, delivering a surprise of -29.73%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Corcept, which bel ...
Amneal Pharmaceuticals (AMRX) Q1 Earnings Beat Estimates
ZACKS· 2025-05-02 12:10
Amneal Pharmaceuticals (AMRX) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this pharmaceutical company would post earnings of $0.15 per share when it actually produced earnings of $0.12, delivering a surprise of -20%.Over the last four quart ...