Here are just a few Acadia facts that may be of interest:
*There are just 7 trading days left before the Acadia 2Q 2024 Earnings Report is released.
*Last night Acadia shares closed at $19.10 per share with volume up 32.6% compared to the 3-month average daily volume.
*Acadia has not added any new products for revenue generation in the past 3 months and relies solely on Nuplazid and Daybue for revenue.
*Nuplazid sales appear to be flat lining at best over the last 6 months with revenue dropping $14M last quarter compared to the one prior.
*18 analysts average Acadia revenue estimates for Q2 2024 are at $236M with a low to high range being $225M to $241M.This average estimate is $30M above the Q1 2024 result and reflects an increase of 14.6% over that result.
*Using Daybue percentage of total sales numbers for the past 2 quarter results against the above analyst revenue estimate indicates a Daybue revenue estimate for Q4 2024 at between $87M and $89M
*Using a Nuplazid revenue estimate of $136M[up$6M from previous quarter] in the Q4 2024 estimate indicates that Daybue revenue must reach $100M to meet the above analyst estimate of 236M.
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