Supernus missed profits by $0.02 but above revenue projections 2023

The earnings per share for the first quarter were $0.29 for Supernus (NASDAQ: SUPN), which was $0.02 below the projection of $0.31 that analysts had.

The actual revenue for the quarter was $153.76 million, which is much more than the average forecast of $137.74 million.

Guidance

Supernus anticipates sales between $640.00M and $680.00M for FY 2023, whilst analysts have come to a consensus on $683.00M.

At the day’s end, the price of a share of Supernus stock was $36.18. The most recent three-month performance is -6.44 percent, while the most recent 12-month performance is 40.07%.

During the past three months, Supernus’s earnings per share (EPS) have been revised upwards twice, while they have not been revised downwards once. You can view historical responses of the stock price of Supernus to earnings here.

The ranking for Supernus’s Financial Health is considered to be “good performance” according to Reports.

Simply browse the earnings calendar on Investing.com in order to keep yourself up to date on all of the future earnings announcements.

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About the Author: Sanjh Vishwakarma

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