Increased Earnings Estimates Seen For VIVUS (VVUS): Can It Move Higher?
Zacks Investment Research | Dec 04, 2016 11:10PM ET
VIVUS, Inc. (NASDAQ:VVUS) is a biopharmaceutical company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on VVUS’ earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that VIVUS could be a solid choice for investors.
Current Quarter Estimates for VVUS
In the past 30 days, 1 estimate have gone higher for VIVUS while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 20 cents a share 30 days ago, to a loss of 9 cents today, a move of 55%.
Current Year Estimates for VVUS
Meanwhile, VIVUS’ current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of 63 cents per share 30 days ago to a loss of 41 cents per share today, an increase of 34.9%.
VIVUS INC Price and Consensus
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