Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Sarepta Therapeutics, Inc. (NASDAQ:SRPT) announces its next round of earnings this Wednesday, Oct. 24. Here's Benzinga's advanced look at Sarepta's Q3 earnings report.
Earnings and Revenue
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Sarepta's per-share loss will be near 82 cents on sales of $79.21 million, according to Wall Street analysts.
Sarepta reported a loss of 20 cents when it published results during the same quarter last year. Sales in that period totaled $45.95 million. If the company were to report inline earnings when it publishes results Wednesday, earnings would be up 310 percent. Revenue would be up 72.37 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | -0.84 | -0.32 | -0.32 | -0.86 |
| EPS Actual | -0.43 | -0.28 | -0.28 | -0.2 |
Stock Performance
Over the last 52-week period, shares are up 158.61 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts generally rate Sarepta stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.