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Market Impact: 0.34

Neurocrine Biosciences (NBIX) Beats Q1 Earnings and Revenue Estimates

NBIX
Corporate EarningsAnalyst EstimatesHealthcare & BiotechCompany Fundamentals

Neurocrine Biosciences reported quarterly EPS of $1.94, beating the $1.68 Zacks consensus by $0.26, or about 15.5%. Earnings also rose sharply from $0.08 per share a year ago, indicating a significant year-over-year improvement in profitability. The headline is a positive earnings surprise for the biotech company and could modestly support the stock.

Analysis

Neurocrine Biosciences reported quarterly EPS of $1.94, beating the $1.68 Zacks consensus by $0.26, or about 15.5%. Earnings also rose sharply from $0.08 per share a year ago, indicating a significant year-over-year improvement in profitability. The headline is a positive earnings surprise for the biotech company and could modestly support the stock.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.42

Ticker Sentiment

NBIX0.68