Blueprint Medicines (BPMC) Down Despite Q2 Earnings Beat
BPMCBlueprint Medicines(BPMC) ZACKS·2024-08-02 23:46

Blueprint Medicines Corporation (BPMC) reported second-quarter 2024 adjusted loss of 80 cents per share, narrower than the Zacks Consensus Estimate of a loss of 1.28.Thecompanyhadreportedalossof1.28. The company had reported a loss of 2.19 per share in the year-ago quarter.Quarterly revenues of 138.2millionsurpassedtheZacksConsensusEstimateof138.2 million surpassed the Zacks Consensus Estimate of 105 million. Total revenues jumped almost 140% year over year.Despite the better-than-expected results, shares of Blueprint Medicines were down 7.4% on Aug 1 following the earnings announce ...