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Benzinga
104 days

Sarepta Therapeutics Analysts Slash Their Forecasts After Q1 Results

1. SRPT reported Q1 losses of $3.42 per share, exceeding analyst estimates. 2. Quarterly revenue was $744.86 million, surpassing estimates of $683.36 million. 3. Company adjusted 2025 revenue guidance to $2.3-$2.6 billion due to challenges. 4. Analysts lowered price targets post earnings announcement; mixed ratings remain. 5. Shares plummeted 26.6% following the earnings report, closing at $46.75.

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FAQ

Why Bearish?

The significant earnings miss and lowered guidance have negatively impacted investor confidence, reminiscent of SRPT's past price drops after disappointing quarterly results.

How important is it?

The earnings miss and lowered guidance are significant events for SRPT, likely impacting stock prices as they reflect the company's operational struggles.

Why Short Term?

Recent earnings reports and lowered guidance will likely affect SRPT's price in the coming months.

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