Jazz Pharmaceuticals Announces Second Quarter 2016 Financial Results

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Piper Jaffray Cuts Price Target on Jazz Pharmaceuticals (JAZZ) to $178 Following Mixed 2Q

August 10, 2016 8:27 AM EDT

Piper Jaffray maintained an Overweight rating on Jazz Pharmaceuticals (NASDAQ: JAZZ), and cut the price target to $178.00 (from $188.00), following the company's 2Q earnings report. JAZZ reported a non-GAAP EPS of $2.63 compared to Street estimates of $2.78. Revenues of $381M, compared to Street estimates of $376M.

Analyst David Amsellem... More

Jazz Pharmaceuticals (JAZZ) Misses Q2 EPS by 17c; Issues Mixed Outlook

August 9, 2016 4:10 PM EDT

Jazz Pharmaceuticals (NASDAQ: JAZZ) reported Q2 EPS of $2.63, $0.17 worse than the analyst estimate of $2.80. Revenue for the quarter came in at $381 million versus the consensus estimate of $376.42 million.

GUIDANCE:

Jazz Pharmaceuticals sees FY2016 EPS of $9.90-$10.30, versus the consensus of $11.14.... More