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12:00 AM
Nov 05, 2007
 |  BioCentury  |  Finance

EPS watch

EPS watch

EPS watch
United Therapeutics tacked on $619.3M, about 40%, in valuation last week after a double dose of good news. The company posted earnings that beat the Street concensus and reported that its Viveta met the primary endpoint in the Phase III TRIUMPH-1 trial to treat pulmonary arterial hypertension (PAH) (see "Phase III Reckoning," A16). Sepracor (SEPR) also enjoyed a double-digit percent jump last week on the heels of strong earnings and cost-cutting measures. Mcap in $M
Company 3Q07 EPS est 3Q07 EPS actual Outcome Growth from 3Q06 11/2 cls Wk chg % chg Mcap chg 11/2 Mcap
Alkermes (ALKS) (A) $0.04 $0.07 Beat by $0.03 75% $14.19 -$3.03 -18% -$307.8 $1,441.6
Excluding share-based compensation and a net change in the fair value of warrants, EPS rose 10% to $0.11 from $0.10 in 3Q06. Revenues were off 4% to $58.6M from $61.2M in fiscal 2Q07, driven mainly by lower Vivitrol-related revenues. The drug for alcohol dependence is partnered with Cephalon (CEPH). Royalty and manufacturing revenues for schizophrenia drug Risperdal Consta, sold by Johnson & Johnson (JNJ), came in at $30.2M,...

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