Biotech company BioMarin Pharmaceutical (NASDAQ:BMRN) will be reporting earnings this Monday after market hours. Here’s what you need to know.
BioMarin Pharmaceutical beat analysts’ revenue expectations by 1% last quarter, reporting revenues of $745.1 million, up 14.8% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ EPS estimates and full-year revenue guidance meeting analysts’ expectations.
Is BioMarin Pharmaceutical a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting BioMarin Pharmaceutical’s revenue to grow 7% year on year to $761.8 million, slowing from the 19.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.01 per share.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. BioMarin Pharmaceutical has missed Wall Street’s revenue estimates twice over the last two years.
Looking at BioMarin Pharmaceutical’s peers in the therapeutics segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Biogen delivered year-on-year revenue growth of 7.3%, beating analysts’ expectations by 13.7%, and Moderna reported a revenue decline of 41.1%, topping estimates by 10.7%. Biogen traded up 3.9% following the results.
Read our full analysis of Biogen’s results here and Moderna’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the therapeutics stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.3% on average over the last month. BioMarin Pharmaceutical’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $96.26 (compared to the current share price of $57.75).
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