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Repligen (RGEN) to Report Q4 Earnings: What's in the Cards?
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We expect investors to focus on the sales performance of Repligen Corporation’s (RGEN - Free Report) four product franchisees, namely filtration, chromatography, protein and process analytics when it reports its fourth-quarter and full-year 2020 results.
The company’s earnings surprise record is pretty impressive. It delivered an earnings beat in each of the trailing four quarters, the average being 37.36%. In the last-reported quarter, Repligen delivered an earnings surprise of 42.86%.
Shares of Repligen have increased 14.4% so far this year compared with the industry’s increase of 12.9%.
Let’s see how things have shaped up for the quarter to be reported.
Factors at Play
Repligen earns its revenues from the sale of several products, which can be categorized mainly under four segments, namely filtration, chromatography, protein and process analytics.
In the last-reported quarter, Repligen’s total revenues improved substantially year over year on strong demand across all the franchises, especially the Filtration product business which performed exceptionally, a trend most likely to have continued in the to-be reported quarter.
Excluding the impact of currency and acquisitions/divestures, revenues also grew organically year over year in the last-reported quarter, a trend most likely to have continued in the to-be reported quarter.
We expect sales performance of the filtration, chromatography and protein franchises to have improved both sequentially and year over year in the fourth quarter of 2020.
The acquisition of C Technologies added a fourth franchise – process analytics, which has been doing well so far, a trend we expect to have continued in the fourth quarter.
Earlier this month, Repligen and its German partner Navigo Proteins GmbH announced that they have completed the development and launched the NGL COVID-19 spike protein affinity resin, a novel affinity resin which can be utilized in the purification of COVID-19 vaccines. This COVID-19 affinity resin is likely to provide vaccine manufacturers with a high purity capture step, thereby decreasing processing time and improving overall yield in the production of vaccines. We expect management to provide a detailed update on this development at the upcoming investors call.
Earnings Whispers
Our proven model does not conclusively predict an earnings beat for Repligen this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of a positive surprise. But this is not the case here.
Earnings ESP: Repligen has an Earnings ESP of 0.00% as both the Most Accurate Estimate and the Zacks Consensus Estimate are pegged at 31 cents per share. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.
Zacks Rank: Repligen carries a Zacks Rank #3, which increases the predictive power of ESP. However, its 0.00% ESP makes surprise prediction difficult.
ADMA Biologics, Inc. (ADMA - Free Report) has an Earnings ESP of +5.88% and a Zacks Rank #3.
Immunovant, Inc. (IMVT - Free Report) has an Earnings ESP of +4.55% and a Zacks Rank #2.
+1,500% Growth: One of 2021’s Most Exciting Investment Opportunities
In addition to the stocks you read about above, would you like to see Zacks’ top picks to capitalize on the Internet of Things (IoT)? It is one of the fastest-growing technologies in history, with an estimated 77 billion devices to be connected by 2025. That works out to 127 new devices per second.
Zacks has released a special report to help you capitalize on the Internet of Things’s exponential growth. It reveals 4 under-the-radar stocks that could be some of the most profitable holdings in your portfolio in 2021 and beyond.
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Repligen (RGEN) to Report Q4 Earnings: What's in the Cards?
We expect investors to focus on the sales performance of Repligen Corporation’s (RGEN - Free Report) four product franchisees, namely filtration, chromatography, protein and process analytics when it reports its fourth-quarter and full-year 2020 results.
The company’s earnings surprise record is pretty impressive. It delivered an earnings beat in each of the trailing four quarters, the average being 37.36%. In the last-reported quarter, Repligen delivered an earnings surprise of 42.86%.
Shares of Repligen have increased 14.4% so far this year compared with the industry’s increase of 12.9%.
Let’s see how things have shaped up for the quarter to be reported.
Factors at Play
Repligen earns its revenues from the sale of several products, which can be categorized mainly under four segments, namely filtration, chromatography, protein and process analytics.
In the last-reported quarter, Repligen’s total revenues improved substantially year over year on strong demand across all the franchises, especially the Filtration product business which performed exceptionally, a trend most likely to have continued in the to-be reported quarter.
Excluding the impact of currency and acquisitions/divestures, revenues also grew organically year over year in the last-reported quarter, a trend most likely to have continued in the to-be reported quarter.
We expect sales performance of the filtration, chromatography and protein franchises to have improved both sequentially and year over year in the fourth quarter of 2020.
The acquisition of C Technologies added a fourth franchise – process analytics, which has been doing well so far, a trend we expect to have continued in the fourth quarter.
Earlier this month, Repligen and its German partner Navigo Proteins GmbH announced that they have completed the development and launched the NGL COVID-19 spike protein affinity resin, a novel affinity resin which can be utilized in the purification of COVID-19 vaccines. This COVID-19 affinity resin is likely to provide vaccine manufacturers with a high purity capture step, thereby decreasing processing time and improving overall yield in the production of vaccines. We expect management to provide a detailed update on this development at the upcoming investors call.
Earnings Whispers
Our proven model does not conclusively predict an earnings beat for Repligen this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of a positive surprise. But this is not the case here.
Earnings ESP: Repligen has an Earnings ESP of 0.00% as both the Most Accurate Estimate and the Zacks Consensus Estimate are pegged at 31 cents per share. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.
Zacks Rank: Repligen carries a Zacks Rank #3, which increases the predictive power of ESP. However, its 0.00% ESP makes surprise prediction difficult.
Repligen Corporation Price and EPS Surprise
Repligen Corporation price-eps-surprise | Repligen Corporation Quote
Stocks to Consider
Here are some biotech stocks that have the right combination of elements to beat on earnings this time around:
Lexicon Pharmaceuticals, Inc. (LXRX - Free Report) has an Earnings ESP of +3.57% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
ADMA Biologics, Inc. (ADMA - Free Report) has an Earnings ESP of +5.88% and a Zacks Rank #3.
Immunovant, Inc. (IMVT - Free Report) has an Earnings ESP of +4.55% and a Zacks Rank #2.
+1,500% Growth: One of 2021’s Most Exciting Investment Opportunities
In addition to the stocks you read about above, would you like to see Zacks’ top picks to capitalize on the Internet of Things (IoT)? It is one of the fastest-growing technologies in history, with an estimated 77 billion devices to be connected by 2025. That works out to 127 new devices per second.
Zacks has released a special report to help you capitalize on the Internet of Things’s exponential growth. It reveals 4 under-the-radar stocks that could be some of the most profitable holdings in your portfolio in 2021 and beyond.
Click here to download this report FREE >>