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Business, 08.10.2019 05:20 km8115

Apharmaceutical company announces that it has received federal drug administration approval for a new allergy drug that completely prevents hay fever. the consensus analyst forecast for the company’s earnings per share (eps) is $5.00, and insiders agree with analyst expectations. they too expect that, with this new drug, earnings will drive the eps to $5.00. what will happen when the company releases its next earnings report?

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