Back to top

Image: Bigstock

Alnylam (ALNY) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Read MoreHide Full Article

Analysts on Wall Street project that Alnylam Pharmaceuticals (ALNY - Free Report) will announce quarterly earnings of $2.19 per share in its forthcoming report, representing a decline of 24.5% year over year. Revenues are projected to reach $1.45 billion, increasing 16% from the same quarter last year.

Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 7.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.

Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.

While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.

With that in mind, let's delve into the average projections of some Alnylam metrics that are commonly tracked and projected by analysts on Wall Street.

It is projected by analysts that the 'Revenues- Product revenues, net' will reach $1.30 billion. The estimate indicates a change of +52.9% from the prior-year quarter.

Analysts expect 'Revenues- Royalty revenue' to come in at $82.08 million. The estimate suggests a change of +77.7% year over year.

The consensus estimate for 'Net Product Revenue- Oxlumo' stands at $55.69 million. The estimate indicates a year-over-year change of +5.4%.

According to the collective judgment of analysts, 'Net Product Revenue- Givlaari' should come in at $87.10 million. The estimate suggests a change of +17.9% year over year.

Analysts' assessment points toward 'Net Product Revenue- Onpattro' reaching $22.27 million. The estimate indicates a year-over-year change of -43%.

Analysts predict that the 'Net Product Revenue- Amvuttra' will reach $1.15 billion. The estimate indicates a change of +68.1% from the prior-year quarter.

View all Key Company Metrics for Alnylam here>>>

Shares of Alnylam have demonstrated returns of -10.7% over the past month compared to the Zacks S&P 500 composite's -0.2% change. With a Zacks Rank #4 (Sell), ALNY is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Published in