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Idec Pharmaceuticals Matches Fourth-Quarter Expectations
| Earnings Scorecard | ||
| Actual | Estimated* | Year-Ago |
| $0.12 | $0.12 | $0.05 |
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Idec Pharmaceuticals (IDPH Quote) said Monday that it met Wall Street's earnings expectations for the fourth quarter.
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The biopharmaceutical company, which is based in San Diego, said it earned $20.4 million, or 12 cents a share, up from $7.7 million, or 5 cents a share in the year-ago period. Ten analysts polled by First Call/Thomson Financial were calling for the company to earn 12 cents a share in the period. ...
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