Acorda (ACOR) Q4 Earnings And Revenues Surpass Estimates
Zacks Investment Research | Feb 14, 2019 10:29PM ET
Acorda Therapeutics, Inc. (NASDAQ:ACOR) announced fourth-quarter 2018 earnings per share of 45 cents, significantly beating the Zacks Consensus Estimate of a loss of 60 cents. However, the figure declined from the year-ago earnings of 61 cents.
Acorda generated total revenues of $69.1 million in the fourth quarter, comprehensively outshining the Zacks Consensus Estimate of $41 million. However, sales tumbled a massive 63.3% year over year.
Shares of Acorda have plunged 38% in the past year, wider than the Zacks Investment Research
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