they will need to raise estimates for march in line with new sales from 4.7 million to at least 7.5 million. Hznp stated at a recent conference that Vimovo sales for january where up 18%.
vimovo revs US 5.8 million exUS revs 1.7 million amortization of upfront fee $2 million, increase in value of PTX stock 1.4 million for a total of 10.9 million which beats estimates of 9.5 this should give us earnings in neighborhood of 21 cents a very solid beat.
i will be happy with anything over 50 i am easy lol, iknew they werent full bore last quarter and the actimune sales would be large but vimovo will be over 1/2 of their revenue so it has to grow to get that revenue
i amcurious for both i own 42k shares hznp and 27k pozn so a very important report for me but i try to be on conservative side of estimates
as we get closer to closing you can see the steady upward pressure to cover or go long tomorrow I want to see a 70 cent plus pop as I expect their royalty revenue to increase substantially
well they sure have been holding it near 104 for this week so far i hope you are correct and they move it up tomorrow or eod
I am expecting VImovo sales to go from 43 to 58 million on the report from HZNP tomorrow this is fromt the growth in total sales they have been guiding and the record number of scripts and new salesforce.
I think we will eb over $8 tomorrow, this will explode on HZNP report, I have added 10k shares to my position this morning after selling some of the PTX I bought last week that was up 20% If you look at the chart on the last 2 quarterly reports of HZNP this popped both times significantly
those are very optimistic numbers i will be happy if they do 100mil revs and 28 cents earnings and guidance +15% over this last year
I agree with the fact that options have to be exercised or lost at times but they dont have to sell except to pay the taxes on the profits and to pay for the stock but a lot of officers sell as soon as they exercise to use the money to pay for the extravagant lifestyles they have and should not be considered as a negative against the company or an indication of negativity, however a purchase is more rare and signifies as you state and very bullish to me also.
IT is clear you dont do all your reading either Treximet will give them no income until 2018 and then only 18% of the royalty as they sold off the income stream years ago.