CELG Stock : Celgene Corp. Q116 Whisper Number

Celgene Corporation (CELG) is set to announce its Q116 earnings before the market open on Thursday. Analysts expect the biotech firm to report earnings per share of $1.29 and revenue of $2.59 billion. That would be $0.11 higher the $1.18 per share posted last quarter, and $0.22 higher the $1.07 posted in the Q115. Revenue is projected to be $510 million higher than the $2.08 billion posted in the same period a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $1.31 per share.

As a quick reminder, Celgene reported Q415 EPS of $1.18, $0.04 lower than the Street’s consensus estimate of $1.22. Revs increased 21.53% year-over-year to $2.54 billion versus the $2.54 billion consensus.

Trading metrics

CELG shares have advanced 5.99% in the last 4 weeks and 3.75% in the past three months. Over the past 5 trading sessions the stock has lost 0.54%. The Palo Alto-based company, currently valued at $82.97 billion, has a median Street price target of $135.00 with a high target of $163.00.

CELG is down 6.49% year-over-year and 11.36% year-to-date.

CELG Stock

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