Neurocrine Biosciences Inc Reveals Rise In Q3 Earnings

(RTTNews) - Neurocrine Biosciences Inc (NBIX) reported a profit for its third quarter that rose from the same period last year.

The company's earnings totaled $53.79 million, or $0.56 per share. This compares with $50.76 million, or $0.52 per share, in last year's third quarter.

Analysts had expected the company to earn $0.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 46.3% to $222.09 million from $151.76 million last year.

Neurocrine Biosciences Inc earnings at a glance:

-Earnings (Q3): $53.79 Mln. vs. $50.76 Mln. last year. -EPS (Q3): $0.56 vs. $0.52 last year. -Analysts Estimate: $0.64 -Revenue (Q3): $222.09 Mln vs. $151.76 Mln last year.