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LGNDBullishEarningsnews
Materiality pending

Ligand Pharmaceuticals (LGND) Tops Q1 Earnings Estimates

May 7, 2024, 6:43 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Ligand Pharmaceuticals quarterly earnings beat estimates with $1.20 per share. - Company has surpassed consensus EPS estimates four times over the last four quarters. - Ligand shares have gained 2% YTD compared to S&P 500's 8.6% gain. - Zacks Rank assigned a #1 (Strong Buy) for Ligand, indicating expected outperformance. - Acadia Pharmaceuticals to report quarterly earnings of $0.16 per share on May 8. Price Impact Rating: bullish Impact Horizon Rating: short-term Type: Research Analysis

  • Ligand Pharmaceuticals quarterly earnings beat estimates with $1.20 per share.
  • Company has surpassed consensus EPS estimates four times over the last four quarters.
  • Ligand shares have gained 2% YTD compared to S&P 500's 8.6% gain.
  • Zacks Rank assigned a #1 (Strong Buy) for Ligand, indicating expected outperformance.
  • Acadia Pharmaceuticals to report quarterly earnings of $0.16 per share on May 8.

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