BioCentury on BioBusiness,
Finance
Table: Earnings on deck
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Published on
Monday, July 16, 2012
At least nine biotechs and pharmas are slated to kick
off earnings season this week. The Street expects EPS for Forest
Laboratories Inc. (NYSE:FRX) to fall 74% on a revenue drop of 29% to $815.3
million. The company's antidepressant Lexapro escitalopram lost patent
exclusivity in March. In June, Forest lowered its non-GAAP EPS guidance for the
fiscal year ending March 31
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