Vertex: YOY Decline In Q4 Earnings Expected, But Revenue Continues To Shine
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Vertex Pharmaceuticals is expected to see a year-over-year decline in Q4 earnings, but revenue is projected to grow due to the newly approved non-opioid drug JOURNAVX and the expansion of its CF franchise. JOURNAVX targets a large market, potentially boosting revenue significantly.
February 01, 2025 | 1:15 pm
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Vertex Pharmaceuticals is expected to experience a decline in Q4 earnings, but revenue growth is anticipated due to the launch of JOURNAVX and expansion of its CF franchise. JOURNAVX, a non-opioid pain inhibitor, targets a large market, potentially boosting revenue.
The approval of JOURNAVX, a significant non-opioid drug, and the expansion of the CF franchise are expected to drive revenue growth for Vertex. Despite a projected decline in Q4 earnings, these developments are likely to positively impact the stock price in the short term.
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