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Table: Earnings on deck
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Monday, April 28, 2014
At least 21 biotechs and pharmas are slated to report
earnings this week. Both Shire plc (LSE:SHP; NASDAQ:SHGP) and United
Therapeutics Corp. (NASDAQ:UTHR) are expected to report 1Q14 EPS growth of more than 25% on strong top-line growth. Revenues
for biopharma Shire are expected to grow by 19% to $1.4 billion, while
cardiopulmonary company United Therapeutics is expected to post a 22% jump in
revenues to $300 million.
1Q14 loss per share
for Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) is expected to narrow,
despite a 59% decline in revenues to $133.8 million. The large-cap biotech has
been cutting HCV-related SG&A as sales
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