Previous Close | 401.08 |
Open | 402.30 |
Bid | 382.63 x 100 |
Ask | 402.54 x 100 |
Day's Range | 401.02 - 407.59 |
52 Week Range | 320.01 - 448.40 |
Volume | |
Avg. Volume | 1,045,123 |
Market Cap | 104.03B |
Beta (5Y Monthly) | 0.37 |
PE Ratio (TTM) | 29.00 |
EPS (TTM) | 13.88 |
Earnings Date | May 06, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 465.42 |
Vertex Pharmaceuticals beat first quarter sales and earnings forecasts, but investors are closely watching its pipeline updates.
Cystic fibrosis (CF) - an inherited disorder that causes severe damage to the lungs, digestive system and other organs - affects an estimated 105,000 people across 94 countries, according to data from U.S.-based CF Foundation. Sales from Vertex's top-selling CF drug Trikafta, also sold as Kaftrio in some markets, rose more than 18% from a year earlier to $2.48 billion in the quarter, beating analysts' expectations of $2.38 billion.
BOSTON, May 06, 2024--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today reported consolidated financial results for the first quarter ended March 31, 2024, and reiterated full year 2024 financial guidance.