ANI Pharmaceuticals beat Q3 earnings expectations, driving stock up to $61.74 with a "Moderate Buy" rating.

ANI Pharmaceuticals reported Q3 earnings of $1.34 per share, beating the expected $1.09, with revenue at $148.30 million, up 12.5% year-over-year. The company updated its FY 2024 EPS guidance to 4.900-5.050 and saw its stock rise to $61.74 on Monday. Analysts have a "Moderate Buy" rating with a target price of $77.33.

November 11, 2024
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