Scalper1 News
Four highly rated drugmakers beat analysts’ second-quarter estimates Tuesday, but they generally followed this season’s trend of guiding conservatively. Specialty/generics giant Actavis’ (ACT) earnings rose 70% vs. a year earlier to $3.42 a share, beating forecasts by 5 cents. Sales rose 34% to $2.67 billion, more than $100 million above estimates. The company offered its first guidance since it bought Forest Laboratories, which Scalper1 News
Scalper1 News