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Short-Term Investor Stock REGN Gains 31.9%

The stock, Regeneron Pharmaceuticals Inc. (REGN), featured on our 'Short-Term Investor' on November 5, 2019, at an opening price of $323.36. On February 24, 2020, the stock rose to $426.36, representing a gain of 31.9%. The stock closed Monday's trade at $425.38, up $22.23 or 5.51%.

Why we published this stock on Nov. 5, 2019?

Regeneron Pharmaceuticals Inc. (REGN) reported upbeat Q3 results.

The company's Q3 GAAP net income was $670 million or $5.86 per share compared to $595 million or $5.17 per share last year.

Non-GAAP net income was $762 million or $6.67 per share versus $675 million or $5.87 per share a year ago.

Total revenues amounted to $2.05 billion, higher than the previous year's revenue of $1.66 billion.

Analysts polled by Thomson Reuters expected earnings of $6.36 per share on revenue of $1.99 billion for the quarter. Analysts' estimate typically exclude certain special items.

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