Shares of Vertex Pharmaceuticals VRTX decreased 1.4% in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share increased 114.63% over the past year to $2.64, which beat the estimate of $2.32.
Revenue of $1,538,000,000 higher by 61.92% year over year, which beat the estimate of $1,470,000,000.
Guidance
Vertex Pharmaceuticals hasn't issued any earnings guidance for the time being.
The upcoming fiscal year's revenue expected to be between $6,000,000,000 and $6,200,000,000.
How To Listen To The Conference Call
Date: Oct 29, 2020
Time: 04:30 PM
ET Webcast URL: https://event.webcasts.com/starthere.jsp?ei=1392359&tp_key=78b8fb16aa
Recent Stock Performance
Company's 52-week high was at $306.08
52-week low: $192.32
Price action over last quarter: down 23.89%
Company Description
Vertex Pharmaceuticals discovers and develops small-molecule drugs for the treatment of serious diseases. Its key drugs are Kalydeco, Orkambi, Symdeko, and Trikafta for cystic fibrosis, where Vertex therapies remain the standard of care globally. Vertex's pipeline also includes therapies for cancer, pain, inflammatory diseases, influenza, and other rare diseases.
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