Jazz Pharmaceuticals PLC
JAZZ: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|w% | LOCK|Yj | LOCK|^#>H#? |
Jazz Earnings: Robust Demand for Xywav Drives Sales; Shares Attractive for Long-Term Investors
Jazz Pharmaceuticals reported strong third-quarter results, highlighted by record revenue of $1.05 billion, representing a 14% year-over-year increase thanks to robust demand for Xywav and Epidiolex. Xywav, the low-sodium version of Xyrem, accounted for 39% of total product sales in the quarter. Jazz’s results are tracking our expectations and we maintain our fair value estimate of $187 per share. We believe shares are trading at an attractive entry point in 4-star territory.
