UPDATE: Cubist (CBST) Boosts FY12 Oper. Net Income, Sales Guidance

April 18, 2012 5:34 PM EDT
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Price: $101.94 --0%

Financial Fact:
Interest income: -276K

Today's EPS Names:
CCEL, MHGU, PLG, More
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(Updated - April 18, 2012 5:39 PM EDT)

On Cubist's (Nasdaq: CBST) Q1 conference call, an exec said the company is now anticipating 2012 operating net income in the range of $230-$235 million, up from prior guidance of $215-$220 million issued in January. Company now expecting sales of $900-$930 million, which compares to the Street estimate of $907.6 million.


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