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Vertex Pharmaceuticals Incorporated Message Board

  • jnowak9 jnowak9 Apr 30, 2013 10:12 PM Flag

    How can someone write this and be considered a "professional"?

    Vertex Pharmaceuticals Earnings: Here’s Why Shares are Up Now
    By Derek Hoffman | More Articles

    April 30, 2013

    Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.3%.

    Results: Adjusted Earnings Per Share decreased 93.02% to $0.03 in the quarter versus EPS of $0.43 in the year-earlier quarter.

    --------------------------------------------------------------------------------------------------------------------------------

    Here's what I don't get:

    "The revenue beat is a positive sign to shareholders seeking high growth out of the company.
    Results: Adjusted Earnings Per Share decreased 93.02%"

    Since when is a 93% decrease in earnings be reported as a high growth stock?

 
VRTX
80.63-1.53(-1.86%)May 4 4:00 PMEDT