Vertex Prescription drugs (VRTX) reported $2.77 billion in income for the quarter ended September 2024, representing a year-over-year enhance of 11.6%. EPS of $4.38 for a similar interval compares to $4.08 a yr in the past.
The reported income represents a shock of +3.62% over the Zacks Consensus Estimate of $2.67 billion. With the consensus EPS estimate being $4.13, the EPS shock was +6.05%.
Whereas buyers intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers venture a inventory’s value efficiency extra precisely.
Right here is how Vertex carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Geographic Revenues- United States: $1.71 billion in comparison with the $1.64 billion common estimate primarily based on 4 analysts. The reported quantity represents a change of +10.3% yr over yr.
- Geographic Revenues- Outdoors of the USA: $1.06 billion versus $1.04 billion estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +13.9% change.
- Revenues by Product- Different CF merchandise: $186.90 million versus the nine-analyst common estimate of $167.56 million.
- Revenues by Product- Trikafta/Kaftrio: $2.59 billion versus the nine-analyst common estimate of $2.49 billion. The reported quantity represents a year-over-year change of +13.7%.
View all Key Company Metrics for Vertex here>>>
Shares of Vertex have returned +5.4% over the previous month versus the Zacks S&P 500 composite’s -0.5% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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Vertex Pharmaceuticals Incorporated (VRTX) : Free Stock Analysis Report
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