Sepracor Investors May Be Up All Nite
Make a commentBy Ed Silverman // January 31st, 2007 // 10:36 am
It was a great earnings report, but then Sepracor held a conference call this morning and forecast revenue to be light for next few months before picking up steam later this year.
That sent shares down nearly 7 percent at one point this morning.
“Investors would rather see revenue slow and steady throughout the year rather than a big pickup in the second half, because who knows what will happen down the road,” Jon LeCroy, an analyst at Natexis Bleichroeder, told Reuters.
So much for good earnings.