OPKO Health Reports 2016 Financial and Operating Results

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Opko Health (OPK) PT Lowered to $8 at Jefferies Following 4Q Miss

March 2, 2017 7:38 AM EST

Jefferies lowered its price target on Opko Health (NASDAQ: OPK) to $8.00 (from $10.00) while maintaining a Hold rating. 4Q revenues of $275M came in well below consensus estimates, mainly on weaker BRLI trends.

Analyst Brandon Couillard commented, "4Q16 revenues came in well below... More

OPKO Health (OPK) Reports In-Line Q4 EPS

March 1, 2017 4:19 PM EST

OPKO Health (NASDAQ: OPK) reported Q4 EPS of ($0.04), in-line with the analyst estimate of ($0.04). Revenue for the quarter came in at $275.5 million versus the consensus estimate of $310.82 million.

Consolidated revenues for the three months ended December 31, 2016 of $275.5 million were consistent with the comparable period of 2015 revenue of $276.2 million. The 2016 period benefited from... More