- New ETFs
- Bond ETFs
- Currency ETFs
- Emerging Market ETFs
- Commodity ETFs
- Broad U.S. Equity ETFs
- Sector ETFs
- Specialty ETFs
Analysts at Barclays Capital (ADR) (NYSE: BCS) have released a report reviewing the fourth-quarter at Pharmaceutical Product Development, Inc. (NASDAQ: PPDI). The company reported results for the fourth-quarter yesterday.
The company reported EPS, depending on how one makes adjustments, somewhere between $0.15 (GAAP), and $0.24, which excludes charges, but not normalizing the tax rate. The company reported surprisingly strong revenue for the quarter. The revenue trends were driven by the recent booking orders. Operating margins in the CRO softened to 15%, down 270 basis points from the third-quarter.
According to analysts, the fourth-quarter bookings mostly benefited from a weaker US dollar. Analysts at Barclays Capital have a 2-Equal Weight rating for Pharmaceutical Product Development, Inc., with a price target of $22.