Companies Reporting Before The Bell
• Mr. Cooper Group (NASDAQ:COOP) is expected to report quarterly earnings at $1.22 per share on revenue of $551.60 million.
Neurocrine Biosciences (NASDAQ:NBIX) is set to give its latest quarterly earnings report on Friday, 2022-02-11. Here's what investors need to know before the announcement.
Analysts estimate that Neurocrine Biosciences will likely report an Earnings Per Share (EPS) of $0.52.
Biotech stocks managed to close the week ending Feb. 4 with gains. Stocks recovered along with the broader markets early in the week, but came under pressure midweek amid negative reaction to some big pharma earnings. The sector came back up in the final session for a firm finish.
RBC Capital analyst Brian Abrahams downgrades Neurocrine Biosciences (NASDAQ:NBIX) from Outperform to Sector Perform and lowers the price target from $122 to $90.
Over the past 3 months, 9 analysts have published their opinion on Neurocrine Biosciences (NASDAQ:NBIX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.