Momenta Pharmaceuticals, Inc. (MNTA)

[Double_Bagel]

So, using last quarters numbers from
http://finance.yahoo.com/q/is?s=MNTA

284 * .6816 (margin) * .45 (profit share) = 87.1 revenue

Assuming same expenses as last quarter = 21.1 gives us 66 mil profit.

Using the same 50.45m shares used in the last quarter calculation (57.006 / 50.45 = $1.13)

That would mean 66 / 50.45 = $1.31 earnings.

Even if expenses increased to about 24 million, we would still have about 63 / 50.45 = $1.25

Does this seem right to you guys?

2nd quarter enox sales (USD 284 million)