Supernus Pharmaceuticals Inc (SUPN) Expected to Post Quarterly Sales of $88.02 Million
Brokerages expect that Supernus Pharmaceuticals Inc (NASDAQ:SUPN) will report $88.02 million in sales for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Supernus Pharmaceuticals’ earnings, with estimates ranging from $84.15 million to $92.17 million. Supernus Pharmaceuticals reported sales of $62.37 million in the same quarter last year, which indicates a positive year-over-year growth rate of 41.1%. The firm is expected to report its next quarterly earnings report on Tuesday, February 27th.
On average, analysts expect that Supernus Pharmaceuticals will report full-year sales of $88.02 million for the current fiscal year, with estimates ranging from $294.60 million to $305.98 million. For the next year, analysts anticipate that the business will post sales of $393.97 million per share, with estimates ranging from $385.13 million to $404.56 million. Zacks’ sales calculations are a mean average based on a survey of research firms that follow Supernus Pharmaceuticals.
Supernus Pharmaceuticals (NASDAQ:SUPN) last issued its earnings results on Monday, November 6th. The specialty pharmaceutical company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.27 by $0.02. The company had revenue of $80.40 million during the quarter, compared to analysts’ expectations of $78.74 million. Supernus Pharmaceuticals had a net margin of 20.98% and a return on equity of 26.37%. The business’s revenue was up 41.5% compared to the same quarter last year.
Shares of Supernus Pharmaceuticals (SUPN) traded up $1.25 during trading on Thursday, hitting $41.70. 496,400 shares of the company’s stock traded hands, compared to its average volume of 518,050. The company has a market cap of $2,040.00, a PE ratio of 37.91 and a beta of 1.17. Supernus Pharmaceuticals has a 52 week low of $23.10 and a 52 week high of $50.04.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Supernus Pharmaceuticals by 278.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,018 shares of the specialty pharmaceutical company’s stock worth $130,000 after purchasing an additional 2,220 shares during the period. Riverhead Capital Management LLC boosted its stake in Supernus Pharmaceuticals by 91.4% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,062 shares of the specialty pharmaceutical company’s stock worth $132,000 after purchasing an additional 1,462 shares during the period. Advisor Group Inc. boosted its stake in Supernus Pharmaceuticals by 13.7% in the 2nd quarter. Advisor Group Inc. now owns 3,395 shares of the specialty pharmaceutical company’s stock worth $145,000 after purchasing an additional 410 shares during the period. Victory Capital Management Inc. boosted its stake in Supernus Pharmaceuticals by 17.7% in the 2nd quarter. Victory Capital Management Inc. now owns 3,441 shares of the specialty pharmaceutical company’s stock worth $148,000 after purchasing an additional 517 shares during the period. Finally, Flinton Capital Management LLC boosted its stake in Supernus Pharmaceuticals by 88.9% in the 2nd quarter. Flinton Capital Management LLC now owns 4,760 shares of the specialty pharmaceutical company’s stock worth $205,000 after purchasing an additional 2,240 shares during the period. 98.22% of the stock is owned by hedge funds and other institutional investors.
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Supernus Pharmaceuticals Company Profile
Supernus Pharmaceuticals, Inc is a pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system diseases. The Company offers Oxtellar XR (extended-release oxcarbazepine) and Trokendi XR (extended-release topiramate), its two treatments for patients with epilepsy.
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