Published on 11 Jan 2022 on Zacks via Yahoo Finance
BioCryst Pharmaceuticals BCRX shares ended the last trading session 27.9% higher at $14.78. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.8% loss over the past four weeks.
The company's shares marked an increase as investors were impressed by preliminary Orladeyo sales for full-year 2021 and the fourth quarter. BioCryst expects $45.6 million Orladeyo sales for the fourth quarter, indicating 23.2% quarter-over-quarter growth. The company expects $122 million Orladeyo sales for full-year 2021. Management anticipates at least $250 million sales of the drug in 2022, based on strong demand from patients and physicians.
This drugmaker is expected to post quarterly loss of $0.32 per share in its upcoming report, which represents a year-over-year change of +5.9%. Revenues are expected to be $46.65 million, up 1060.5% from the year-ago quarter.