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BMRN
Benzinga
180 days

Why Is BioMarin Stock Trading Higher On Thursday?

1. Q4 adjusted EPS rose to 92 cents from 49, beating consensus. Strong earnings beat expectations. 2. Sales reached $747.31M versus $713.44M consensus, with 16% revenue growth. Solid top‐line performance. 3. Guidance for fiscal 2025 EPS of $4.20-$4.40 exceeds consensus. Positive outlook for future growth. 4. Voxzogo drives global demand while enzyme therapies maintain steady revenue. Competition from Ascendis noted. 5. Analyst upgrades and raised price targets boost sentiment. Stock already up over 3% on strong results.

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FAQ

Why Bullish?

The significant EPS beat, strong sales, and elevated guidance indicate robust financial performance that is historically associated with near-term price appreciation in biotech stocks.

How important is it?

The earnings beat, optimistic guidance, and cost transformation plans strongly influence investor sentiment and near-term pricing, making the news highly impactful for BMRN.

Why Short Term?

Immediate market reaction is expected post-earnings, as witnessed in similar biotech announcements, despite longer-term strategic initiatives.

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