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0 0.00480526049570068 0.00202326757713721 0.00480526049570068 -0.0025290844714212 -0.0247445624683865 -0.0242792109256448 -0.0222559433485077
Stock impact report

Amarin (AMRN) Surges 12.5%: Is This an Indication of Further Gains? [Yahoo! Finance]

Amarin Corporation plc - American Depositary Shares (AMRN) 
Last amarin corporation plc - american depositary shares earnings: 4/30 05:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.amarincorp.com/investors
Company Research Source: Yahoo! Finance
This compares to the stock's 11.4% gain over the past four weeks. The price surge can be attributed to growing investor confidence regarding the company's sole marketed drug, Vascepa, which is approved as an adjunct to diet for treating severe hypertriglyceridemia or elevated triglyceride levels. This biopharmaceutical company is expected to post quarterly earnings of $0.31 per share in its upcoming report, which represents a year-over-year change of +131%. Revenues are expected to be $42.36 million, up 0.2% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Amarin, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisi Show less Read more
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