BAVARIAN NORDIC (BVNRY) Posts Quarterly Earnings Results, Misses Estimates By $0.07 EPS
BAVARIAN NORDIC (OTCMKTS:BVNRY) released its quarterly earnings results on Friday. The company reported $0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by $0.07, Morningstar.com reports. The company had revenue of $58.68 million during the quarter, compared to the consensus estimate of $50.65 million. BAVARIAN NORDIC had a return on equity of 7.82% and a net margin of 12.95%.
Shares of BAVARIAN NORDIC (OTCMKTS:BVNRY) opened at 21.6006 on Friday. BAVARIAN NORDIC has a 52 week low of $10.56 and a 52 week high of $17.33. The stock has a market cap of $2.04 billion and a P/E ratio of 83.5911. The stock has a 50 day moving average price of $11.70 and a 200-day moving average price of $11.70.
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Separately, Zacks Investment Research downgraded BAVARIAN NORDIC from a “buy” rating to a “hold” rating in a research note on Tuesday, May 16th.
About BAVARIAN NORDIC
Bavarian Nordic A/S, a biotechnology company, develops, manufactures, and commercializes a portfolio of novel vaccines for the prevention and treatment of life-threatening infectious diseases and cancer. The company markets non-replicating smallpox vaccine under the IMVAMUN and IMVANE names. It is also developing MVA-BN Filo that is in Phase III trial for the treatment of Ebola and Marburg; MVA-BN RSV, which is in Phase II clinical development stage for the prevention of respiratory syncytial virus; and MVA-BN HPV that is in preclinical development stage to treat human papillomavirus.
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