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VRTX's Q1 Earnings Lag Estimates, 2025 Revenue View Tightened
ZACKS· 2025-05-06 17:00
Vertex Pharmaceuticals Incorporated (VRTX) reported adjusted earnings of $4.06 per share for the first quarter of 2025, missing the Zacks Consensus Estimate of $4.22. Earnings declined 14.7% on a year-over-year basis.The company reported total revenues of $2.77 billion for the first quarter, which missed the Zacks Consensus Estimate of $2.82 billion. Total revenues rose 3% year over year, primarily driven by higher sales of Trikafta/Kaftrio (marketed as Kaftrio in Europe). (Find the latest EPS estimates and ...
Vertex Pharmaceuticals (VRTX) Misses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-05 22:15
Core Viewpoint - Vertex Pharmaceuticals reported quarterly earnings of $4.06 per share, missing the Zacks Consensus Estimate of $4.22 per share, and showing a decline from $4.76 per share a year ago, indicating an earnings surprise of -3.79% [1] - The company posted revenues of $2.77 billion for the quarter, missing the Zacks Consensus Estimate by 1.72%, but showing an increase from $2.69 billion year-over-year [2] Financial Performance - Over the last four quarters, Vertex has surpassed consensus EPS estimates only once, and has topped consensus revenue estimates two times [2] - The current consensus EPS estimate for the upcoming quarter is $4.25 on revenues of $2.89 billion, and for the current fiscal year, it is $17.69 on revenues of $11.86 billion [7] Market Performance - Vertex shares have increased by approximately 24.5% since the beginning of the year, contrasting with a -3.3% decline in the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Outlook - The Medical - Biomedical and Genetics industry is currently in the top 34% of over 250 Zacks industries, suggesting a favorable outlook as the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]
Vertex(VRTX) - 2025 Q1 - Earnings Call Presentation
2025-05-05 20:32
2025 FINANCIAL RESULTS First Quarter 2025 Financial Results May 5, 2025 ©2025 Vertex Pharmaceuticals Incorporated ©2025 Vertex Pharmaceuticals Incorporated ©2025 Vertex Pharmaceuticals Incorporated FIRST QUARTER Agenda Introduction Susie Lisa, CFA, Senior Vice President, Investor Relations CEO Perspective and Pipeline Update Reshma Kewalramani, M.D., Chief Executive Officer and President Commercial Update Stuart Arbuckle, Executive Vice President and Chief Operating Officer Charlie Wagner, Executive Vice Pr ...
Vertex(VRTX) - 2025 Q1 - Earnings Call Transcript
2025-05-05 20:30
Vertex Pharmaceuticals (VRTX) Q1 2025 Earnings Call May 05, 2025 04:30 PM ET Speaker0 Good day, and welcome to the Vertex Pharmaceuticals First Quarter twenty twenty five Earnings Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. I would now like to turn the conference over to Ms. Susie Lisa. Please go ahead, ma'am. Speaker1 Good evening, all. My name is Susie Lisa, and as the Senior Vice ...
Vertex(VRTX) - 2025 Q1 - Earnings Call Transcript
2025-05-05 20:30
Vertex Pharmaceuticals (VRTX) Q1 2025 Earnings Call May 05, 2025 04:30 PM ET Company Participants Susie Lisa - SVP - Investor RelationsReshma Kewalramani - CEO, President & DirectorStuart Arbuckle - EVP & COODuncan McKechnie - SVP - North America Commercial OperationsCharles Wagner - EVP & CFOGeoff Meacham - Managing DirectorMichael Yee - Managing DirectorLiisa Bayko - Managing DirectorDavid Risinger - Senior Managing Director, BiopharmaGena Wang - MD - Biotech Equity Research Conference Call Participants J ...
Vertex(VRTX) - 2025 Q1 - Quarterly Results
2025-05-05 20:10
Vertex Reports First Quarter 2025 Financial Results — Total revenue of $2.77 billion, a 3% increase compared to Q1 2024; raised the low end of total revenue guidance by $100 million to a new range of $11.85 to $12 billion — — Four programs already in pivotal development, with pivotal study of pove in primary membranous nephropathy (pMN) to start this year — BOSTON -- Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today reported consolidated financial results for the first quarter ended March 31, 2025, a ...
Vertex Pharmaceuticals (VRTX) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-04-30 22:55
Vertex Pharmaceuticals (VRTX) closed the most recent trading day at $509.47, moving +1.19% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.15%. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.09%.Heading into today, shares of the drugmaker had gained 3.87% over the past month, outpacing the Medical sector's loss of 4.39% and the S&P 500's loss of 0.21% in that time.The upcoming earnings release of Vertex Pharmaceuticals wi ...
What Analyst Projections for Key Metrics Reveal About Vertex (VRTX) Q1 Earnings
ZACKS· 2025-04-30 14:20
In its upcoming report, Vertex Pharmaceuticals (VRTX) is predicted by Wall Street analysts to post quarterly earnings of $4.22 per share, reflecting a decline of 11.3% compared to the same period last year. Revenues are forecasted to be $2.82 billion, representing a year-over-year increase of 4.8%.Over the last 30 days, there has been an upward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of the ...
Vertex Pharmaceuticals (VRTX) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
ZACKS· 2025-04-28 15:05
The market expects Vertex Pharmaceuticals (VRTX) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 5, 2025, might help the stock move higher if these key number ...
VRTX Secures Nod for Expanded Use of CF Drug Kaftrio in Europe
ZACKS· 2025-04-08 11:55
Vertex Pharmaceuticals (VRTX) announced that the European Commission (EC) has expanded the label of its blockbuster cystic fibrosis (CF) drug, Kaftrio, to treat all patients aged two years and older who have at least one non-class I mutation in the CFTR gene.This approval was expected as the EMA’s Committee for Medicinal Products for Human Use (“CHMP”) issued a positive opinion recommending Kaftrio’s approval in February for the above indication. With this expanded label, nearly 4,000 more CF patients livin ...