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Vertex Pharmaceuticals, Inc. (VRTX) Misses Q2 EPS by 13c; Revises Revenues

July 30, 2012 4:08 PM
Vertex Pharmaceuticals, Inc. (NASDAQ: VRTX) reported Q2 EPS of $0.46, $0.13 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $418.3 million versus the consensus estimate of $472.16 million.

Vertex today revised guidance for full-year 2012 INCIVEK net revenues. The company expects full-year 2012 INCIVEK net revenues to be in the range of $1.1 billion to $1.25 billion. The revised guidance reflects the recent downward trend in the number of patients initiating treatment within the hepatitis C market.

For earnings history and earnings-related data on Vertex Pharmaceuticals, Inc. (VRTX) click here.

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Earnings Guidance