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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)

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To: tuck who wrote (2516)10/26/2005 11:22:07 AM
From: tuck  Read Replies (1) of 3044
 
Here be the estimates for MLNM's earnings today:

finance.yahoo.com

What's most interesting to me is that revenues for '06 are projected to go down, while earnings come up (presumably the effect of restructuring). Consensus doesn't indicate earnings will come up enough for Millenium to have a profitable year, though it might indicate a profitable Q4'06.

The whisper number if for a six cent loss.

earningswhispers.com

This might explain the rise in stock price in the last few days. It would be nice if that rise were predictive.

Cheers, Tuck
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