Biomarin Pharmaceutical's Earnings Outlook

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Biomarin Pharmaceutical BMRN unveils its next round of earnings this Thursday, February 25. Get prepared with Benzinga's ultimate preview for Biomarin Pharmaceutical's Q4 earnings.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Sell-side analysts are expecting Biomarin Pharmaceutical's loss per share to be near $0.19 on sales of $440.23 million. In the same quarter last year, Biomarin Pharmaceutical announced EPS of $0.08 on revenue of $454.44 million.

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Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate when it reports Thursday, earnings would be down 337.5%. Revenue would be down 3.13% on a year-over-year basis. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 1.29 -0.11 0.05 -0.09
EPS Actual 4.01 -0.16 0.44 0.08
Revenue Estimate 454.64 M 418.61 M 468.77 M 459.33 M
Revenue Actual 476.78 M 429.49 M 502.07 M 454.44 M

Stock Performance

Over the last 52-week period, shares are down 6.36%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Biomarin Pharmaceutical is scheduled to hold the call at 16:30:00 ET and can be accessed here.

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