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Stock impact report

Why Acadia (ACAD) Could Beat Earnings Estimates Again [Yahoo! Finance]

ACADIA Pharmaceuticals Inc. (ACAD) 
Last acadia pharmaceuticals inc. earnings: 2/26 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
good position to maintain the trend in its next quarterly report, you should consider Acadia Pharmaceuticals (ACAD). This company, which is in the Zacks Medical - Biomedical and Genetics industry, shows potential for another earnings beat. This drugmaker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 87.50%. For the most recent quarter, Acadia was expected to post earnings of $0.16 per share, but it reported $0.20 per share instead, representing a surprise of 25%. For the previous quarter, the consensus estimate was $0.04 per share, while it actually produced $0.10 per share, a surprise of 150%. With this earnings history in mind, recent estimates have been moving higher for Acadia. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Z Show less Read more
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