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Why Vertex Pharmaceuticals Stock Is Sinking Today
VERXVertex(VERX) The Motley Fool·2025-05-06 22:36

Shares of Vertex Pharmaceuticals (VRTX -11.91%) were sinking 11.9% as of 10:18 a.m. ET on Tuesday. The sharp decline came after the company announced its 2025 first-quarter results on Monday evening.Vertex reported Q1 revenue of 2.77billion,up32.77 billion, up 3% year over year. It posted adjusted earnings of 1.24 billion, or 4.76pershare,upfrom4.76 per share, up from 1.05 billion, or $4.06 per share, in the prior-year period. However, both top- and bottom-line numbers missed the consensus Wall Street estimates. In addition, Vertex reve ...