Vertex Pharmaceuticals Inc reports results for the quarter ended June 30 - Earnings Summary
04/08/2025 22:02
Vertex Pharmaceuticals Inc VRTX.OQ reported quarterly adjusted earnings of $4.52 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-12.83. The mean expectation of thirty analysts for the quarter was for earnings of $4.26 per share. Wall Street expected results to range from $3.92 to $4.68 per share. Revenue rose 12.1% to $2.96 billion from a year ago; analysts expected $2.91 billion. Vertex Pharmaceuticals Inc's reported EPS for the quarter was $3.99. The company reported quarterly net income of $1.03 billion. Vertex Pharmaceuticals Inc shares had risen by 3.8% this quarter and gained 14.8% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 1.5% in the last three months. In the last 30 days, eight analysts negatively revised earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 14 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the pharmaceuticals peer group is also "buy" Wall Street's median 12-month price target for Vertex Pharmaceuticals Inc is $515.00, about 10.3% above its last closing price of $462.13 This summary was machine generated from LSEG data August 4 at 09:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | 4.26 | 4.52 | Beat |
| Mar. 31 2025 | 4.29 | 4.06 | Missed |
| Dec. 31 2024 | 4.03 | 3.98 | Missed |
| Sep. 30 2024 | 4.14 | 4.38 | Beat |
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