Amarin Corp Plc (AMRN)

[ppnlf]

There is nothing wrong with this guidance.

Except that the “all-knowing” consensus of analysts was expecting growth from their 2018 analyst forecast of $221m (guidance now $224-228m) to analyst forecast of $418m (guidance now $350m).
How could the analysts have realistically expected 90% y.o.y growth?

So the current guidance of 55% y.o.y is considered an under-performance. And merits more red after the trashing of the PPS over the last month?!

They expect $249m in cash, no debt and $90m remaining of royalty financing, $72m in accounts receivable & $56m in inventory.
All of which is very positive indeed.

Those who don’t think so should sell & go elsewhere rather than whining here.