4 Winners and 1 Loser from This Week’s Earnings Storm
Xenoport, Inc. (NASDAQ:XNPT) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased to $0.07 in the quarter versus EPS of $-0.48 in the year-earlier quarter. Revenue Decreased 90.89% to $490,000 from the year-earlier quarter.
Xenoport, Inc. reported adjusted EPS income of $0.07 per share. By that measure, the company beat the mean analyst estimate of $-0.41. It missed the average revenue estimate of $1.02 million.