We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Countdown to PTC Therapeutics (PTCT) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Read MoreHide Full Article
Analysts on Wall Street project that PTC Therapeutics (PTCT - Free Report) will announce quarterly loss of $0.96 per share in its forthcoming report, representing a decline of 300% year over year. Revenues are projected to reach $252.51 million, declining 17.8% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
With that in mind, let's delve into the average projections of some PTC Therapeutics metrics that are commonly tracked and projected by analysts on Wall Street.
The combined assessment of analysts suggests that 'Revenues- Net product revenue' will likely reach $141.85 million. The estimate points to a change of -8.5% from the year-ago quarter.
Analysts predict that the 'Revenues- Royalty revenue' will reach $73.16 million. The estimate points to a change of +43.4% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenues- Net product revenue- Emflaza' should arrive at $50.95 million. The estimate indicates a year-over-year change of -24.4%.
It is projected by analysts that the 'Revenues- Net product revenue- Translarna' will reach $78.77 million. The estimate points to a change of +4.8% from the year-ago quarter.
PTC Therapeutics shares have witnessed a change of +9.1% in the past month, in contrast to the Zacks S&P 500 composite's -0.5% move. With a Zacks Rank #3 (Hold), PTCT is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Countdown to PTC Therapeutics (PTCT) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Analysts on Wall Street project that PTC Therapeutics (PTCT - Free Report) will announce quarterly loss of $0.96 per share in its forthcoming report, representing a decline of 300% year over year. Revenues are projected to reach $252.51 million, declining 17.8% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
With that in mind, let's delve into the average projections of some PTC Therapeutics metrics that are commonly tracked and projected by analysts on Wall Street.
The combined assessment of analysts suggests that 'Revenues- Net product revenue' will likely reach $141.85 million. The estimate points to a change of -8.5% from the year-ago quarter.
Analysts predict that the 'Revenues- Royalty revenue' will reach $73.16 million. The estimate points to a change of +43.4% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenues- Net product revenue- Emflaza' should arrive at $50.95 million. The estimate indicates a year-over-year change of -24.4%.
It is projected by analysts that the 'Revenues- Net product revenue- Translarna' will reach $78.77 million. The estimate points to a change of +4.8% from the year-ago quarter.
View all Key Company Metrics for PTC Therapeutics here>>>
PTC Therapeutics shares have witnessed a change of +9.1% in the past month, in contrast to the Zacks S&P 500 composite's -0.5% move. With a Zacks Rank #3 (Hold), PTCT is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>