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BioNTech Stock Pops On Massive Earnings Beat; Company Looks Beyond Covid

Investors2021-08-09

BioNTech stock popped on Monday after the Covid vaccine maker reported adjusted profit of $12.67 per share on $6.24 billion in second-quarter sales.

Analysts polled by FactSet expected BioNTech to earn $8.87 per share on $3.83 billion in sales.

In the year-earlier period, BioNTech lost 45 cents per share and reported $49 million in revenue.

BioNTech didn't offer full-year sales and earnings guidance. The company noted it has agreements in place to deliver 2.2 billion doses of its Covid vaccine in 2021, and is now working on multiple cancer drugs. Analysts called for the Pfizer partner to earn $33.12 a share on $14.68 billion in sales.

In premarket trading on today's stock market, BioNTech stock jumped 5% near 408.50. Shares have a perfect Relative Strength Rating of 99, according to IBD Digital. This puts BioNTech stock in the top 1% of all companies in terms of 12-month performance.

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Comment26

  • Ktzy321
    ·2021-08-10
    When is this pandemic ending 
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  • BlueDragon
    ·2021-08-10
    Sure huge revenues and  profits, with the world at their mercy.
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  • Vomous
    ·2021-08-10
    To the moon
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  • Andrew210782
    ·2021-08-10
    Like
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  • NicElo
    ·2021-08-09
    Up
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  • Redfox24
    ·2021-08-09
    Upup
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  • Chrnox
    ·2021-08-09
    Like pls. Thank you
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    • 1000010101O
      [Smile][Smile]
      2021-08-10
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  • Gummybear
    ·2021-08-09
    Great!
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    • huilly
      Wow..
      2021-08-09
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    • RogerLee
      nice
      2021-08-09
      Reply
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    • Chrnox
      ??
      2021-08-09
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  • DiamondHand7
    ·2021-08-09
    Pls like thanks
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  • Nevstar
    ·2021-08-09
    Pls like and comment [財迷] 
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    • ricebowl
      Liked here you go
      2021-08-09
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  • Jenyii
    ·2021-08-09
    Like & comment, please………????
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    • rDj
      Ok
      2021-08-09
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    • ricebowl
      Liked and commented, like back pls
      2021-08-09
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  • Qian18
    ·2021-08-09
    Like pls 
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    • 3f90f66
      ??
      2021-08-10
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  • HENRYCSC
    ·2021-08-09
    Reply
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    • Jazzc85
      [Strong][Strong]
      2021-08-09
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  • DZL
    ·2021-08-09
    more vaccination, more earnings 
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    • YeeMeng
      agreed
      2021-08-09
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    • darrenlsw
      Miss Out On this
      2021-08-09
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    • diggydog
      me too
      2021-08-09
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    View more 2 comments
  • fer
    ·2021-08-09
    Like n comment
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    • angieee
      done
      2021-08-09
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  • SeeAxe
    ·2021-08-09
    Like
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    • fer
      ok
      2021-08-09
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    • kerukel88
      Ok
      2021-08-09
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  • JeebeeTan
    ·2021-08-09
    Like
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    View more 1 comments
  • JeebeeTan
    ·2021-08-09
    ?? 
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    • RossT
      Still to come
      2021-08-09
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    • Vionanana
      Ok
      2021-08-09
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  • Nice
    Reply
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  • clingling
    ·2021-08-09
    Like pls
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