Biogen Idec Inc. (BIIB) reported fourth quarter non-GAAP EPS of $4.09 after the bell Thursday, up from $2.34 last year. Analysts expected EPS of $3.78. Full year 2015 non-GAAP EPS is expected to be between $16.60 and $17.00. The consensus estimate is for EPS of $16.37.
Biogen Idec gapped up sharply Friday and has spiked higher in early trade. Shares are now up 36.31 at $389.56. The stock has broken out past resistance and has set a new high for the year.
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