Thursday is also the busiest biotech earnings days of the week, with Amgen (AMGN), Celgene (CELG - Get Report), Gilead Sciences (GILD - Get Report), Alkermes (ALKS) and United Therapeutics (UTHR) all reporting second-quarter results.
Amgen: Analysts are looking for earnings of $1.54 per share on total revenue of $4.08 billion. Worldwide Aranesp sales are expected to total $525 million in the quarter, Prolia/Xgeva sales $279 million, Enbrel sales $962 million.
Celgene: Consensus earnings of $1.18 per share on total revenue of $1.35 billion, including Revlimid sales of $922 million.
Gilead Sciences: Consensus earnings of 95 cents per share on total revenue of $2.29 billion, encompassing total product sales of $2.2 billion and worldwide HIV franchise sales of $1.88 billion.Alkermes: Consensus earnings estimate of 16 cents per share on total revenue of $127.5 million. United Therapeutics: Consensus earnings estimate of $1.13 per share on total revenue of $213.7 million. Also reporting second-quarter earnings on Thursday: Roche, Sanofi (SNY) and AstraZeneca (AXN). Friday, July 27 Merck (MRK) reports second-quarter earnings. Salix Pharmaceuticals (SLXP) and Progenics (PGNX): FDA approval decision for expansion of the Relistor label to include treatment of opioid-induced constipation in patients with chronic, non-cancer pain. --Written by Adam Feuerstein in Boston.
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