Moderna COVID vaccine sales forecast unchanged even as COVAX program cuts orders

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Moderna (MRNA) Shares Rally After Topping Q2 Estimates

August 3, 2022 9:58 AM EDT

Moderna (NASDAQ: MRNA) shares jumped more than 13% in early Wednesday trading after it posted earnings before the open Wednesday, topping analyst earnings and revenue consensus estimates.

The pharmaceutical company revealed second-quarter earnings of $5.24 per share, $0.70 better than the analyst estimate of $4.54. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.07 billion.

Moderna's said... More