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ONYX Pharmaceuticals, Inc. Message Board

  • bearofbleecker bearofbleecker Jun 19, 2013 11:18 AM Flag

    Kyrpolis May sales estimates from Jeffries.

    Yahoo! is preventing me from posting the link, but Seeking Alpha is reporting that the Jeffries analyst uses the W-K report of $13.3 million in Kyrpolis sales for May to arrive at an actual sales estimate of $22 million, which would put them on target to meet their projections of $65-66 million for the quarter. (Apparently W-K only picks up a portion of sales and he is adjusting the actual sales based upon what he imagines is their underreporting ratio.) He reiterates his Buy rating and price target of $104. Apparently this is disappointing to some this morning, but I am doubling up here looking for a rebound.

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