Earnings Volatility Drives These Stocks in a New Direction

SciClone Pharmaceuticals, Inc. (NASDAQ:SCLN) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 78.95% to $0.04 in the quarter versus EPS of $0.19 in the year-earlier quarter. Revenue Decreased 15.47% to $33.1 million from the year-earlier quarter.

SciClone Pharmaceuticals, Inc. reported adjusted EPS income of $0.04 per share. By that measure, the company missed the mean analyst estimate of $0.12. It missed the average revenue estimate of $35.3 million.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

SCLN

Affymax, Inc. (NASDAQ:AFFY) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased to $-1.85 in the quarter versus EPS of $-0.88 in the year-earlier quarter. Revenue Decreased 76.6 percent to $14.79 million from the year-earlier quarter.

Affymax, Inc. reported adjusted EPS loss of $1.85 per share. By that measure, the company missed the mean analyst estimate of $-0.61. It missed the average revenue estimate of $14.81 million.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

AFFY

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

More Articles About:   , ,  

More from The Cheat Sheet