BioMarin Announces Third Quarter 2018 Results

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BioMarin Pharmaceutical Inc. (BMRN) PT Raised to $99 at RBC Capital

October 26, 2018 7:09 AM EDT

RBC Capital analyst Kennen MacKay raised the price target on BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) to $99.00 (from $98.00) while maintaining a Sector Perform rating following results.

The analyst notes strong Q3 with top/bottom line beats and tantalizing hints at pipeline updates at the upcoming Nov7 RnD Day.

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BioMarin Pharma (BMRN) Tops Q3 EPS by 15c, Offers Guidance

October 25, 2018 4:10 PM EDT

BioMarin Pharma (NASDAQ: BMRN) reported Q3 EPS of ($0.07), $0.15 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $391.7 million versus the consensus estimate of $367.09 million.

GUIDANCE:

BioMarin Pharma sees FY2018 revenue of $1.47-1.53 billion, versus the consensus of... More