Overview
Sarepta Q3 revenue of $399.4 mln beats analyst expectations
Adjusted EPS for Q3 beats consensus, indicating better-than-expected performance
Company completed ESSENCE study, showing positive trends despite not meeting primary endpoint
Outlook
Sarepta plans to meet FDA for traditional approval of AMONDYS 45 and VYONDYS 53
Regulatory discussions for ELEVIDYS safety labeling expected to conclude soon
Readouts for FSHD and DM1 studies expected in early 2026
Result Drivers
ELEVIDYS PERFORMANCE - Solid performance from gene therapy ELEVIDYS contributed significantly to revenue
FINANCIAL STRENGTH - Refinancing and cost restructuring initiatives strengthened financial position, achieving positive cash flow
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$399.40 mln
$338.70 mln (22 Analysts)
Q3 Adjusted EPS
Beat
-$0.13
-$0.81 (19 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy", 16 "hold" and 5 "sell" or "strong sell"
The average consensus recommendation for the pharmaceuticals peer group is "buy."
Wall Street's median 12-month price target for Sarepta Therapeutics Inc is $18.00, about 33.4% below its October 31 closing price of $24.01
Press Release: ID:nBw8Rhm9wa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)