Why Is Ligand (LGND) Up 4% Since Last Earnings Report?
LGNDLigand(LGND) ZACKS·2024-06-07 00:35

A month has gone by since the last earnings report for Ligand Pharmaceuticals (LGND) . Shares have added about 4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Ligand due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Q1 Earnings Beat, Sales Miss Estimates Ligand re ...