Advertisement
UK markets open in 2 hours 55 minutes
  • NIKKEI 225

    38,990.82
    +373.72 (+0.97%)
     
  • HANG SENG

    18,931.31
    -264.29 (-1.38%)
     
  • CRUDE OIL

    77.16
    -0.41 (-0.53%)
     
  • GOLD FUTURES

    2,373.90
    -19.00 (-0.79%)
     
  • DOW

    39,671.04
    -201.95 (-0.51%)
     
  • Bitcoin GBP

    54,539.60
    -408.87 (-0.74%)
     
  • CMC Crypto 200

    1,509.42
    -17.00 (-1.11%)
     
  • NASDAQ Composite

    16,801.54
    -31.08 (-0.18%)
     
  • UK FTSE All Share

    4,560.55
    -23.85 (-0.52%)
     

Collegium Pharmaceutical (COLL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2024, Collegium Pharmaceutical (COLL) reported revenue of $144.92 million, up 0.1% over the same period last year. EPS came in at $1.45, compared to $1.32 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $147.04 million, representing a surprise of -1.44%. The company delivered an EPS surprise of -2.68%, with the consensus EPS estimate being $1.49.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

ADVERTISEMENT

Here is how Collegium Pharmaceutical performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Total product revenues- Belbuca: $50.66 million compared to the $50.44 million average estimate based on four analysts. The reported number represents a change of +14.6% year over year.

  • Total product revenues- Nucynta: $45.15 million compared to the $44.46 million average estimate based on four analysts. The reported number represents a change of -7.9% year over year.

  • Total product revenues- Symproic: $3.30 million compared to the $4.04 million average estimate based on four analysts. The reported number represents a change of -9.6% year over year.

  • Total product revenues- Xtampza ER: $45.81 million compared to the $49.05 million average estimate based on four analysts. The reported number represents a change of -4.3% year over year.

View all Key Company Metrics for Collegium Pharmaceutical here>>>

Shares of Collegium Pharmaceutical have returned +0.2% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Collegium Pharmaceutical, Inc. (COLL) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research