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Axsome (AXSM) Reports Q2 Earnings: What Key Metrics Have to Say
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For the quarter ended June 2026, Axsome Therapeutics (AXSM - Free Report) reported revenue of $218.38 million, up 45.5% over the same period last year. EPS came in at -$0.99, compared to -$0.92 in the year-ago quarter.
The reported revenue represents a surprise of -2.74% over the Zacks Consensus Estimate of $224.52 million. With the consensus EPS estimate being -$0.99, the company has not delivered EPS surprise.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Axsome performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Product sales, net: $216.36 million versus $222.61 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +45.2% change.
Revenues- Royalty revenue and milestone revenue: $2.02 million versus $1.4 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +86.5% change.
Product Sales, net- SYMBRAVO: $2.3 million versus the four-analyst average estimate of $7.19 million.
Product Sales, net- Auvelity: $180.3 million compared to the $174.71 million average estimate based on four analysts. The reported number represents a change of +50.8% year over year.
Product Sales, net- Sunosi: $35.8 million versus the four-analyst average estimate of $33.79 million. The reported number represents a year-over-year change of +19.3%.
Shares of Axsome have returned -9% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
View the Zacks #1 Rank List
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Axsome (AXSM) Reports Q2 Earnings: What Key Metrics Have to Say
For the quarter ended June 2026, Axsome Therapeutics (AXSM - Free Report) reported revenue of $218.38 million, up 45.5% over the same period last year. EPS came in at -$0.99, compared to -$0.92 in the year-ago quarter.
The reported revenue represents a surprise of -2.74% over the Zacks Consensus Estimate of $224.52 million. With the consensus EPS estimate being -$0.99, the company has not delivered EPS surprise.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Axsome performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Axsome here>>>
Shares of Axsome have returned -9% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.