TESARO (TSRO) Misses Q2 EPS by 39c, Cuts FY Revenue Guidance
TESARO (NASDAQ: TSRO) reported Q2 EPS of ($3.04), $0.39 worse than the analyst estimate of ($2.65). Revenue for the quarter came in at $57.2 million versus the consensus estimate of $63.34 million.
GUIDANCE:
TESARO sees FY2018 revenue of $250-265 million, versus the consensus of $302.9 million.
| Total Revenue, net, worldwide (FY) | $250 to $265 million (previously $310 to $345 million) | |
| ZEJULA (FY) | $225 to $235 million(previously $255 to $275 million) | |
| ZEJULA (Q3) | $58 to $62 million | |
| Other revenue, including licensing and VARUBY oral (FY) | $25 to $30 million(previously $55 to $70 million) |
For earnings history and earnings-related data on TESARO (TSRO) click here.