Biohaven Ltd. (BHVN) Earnings Summary
BHVN Earnings Beat Rate & Surprise History
Biohaven Ltd. (BHVN) has beaten EPS estimates in 2 of its last 9 reported quarters (+22%), and beaten revenue estimates in 0 of 2 (0%).
On balance, analysts have tended to overestimate BHVN's earnings. It is currently on a 3-quarter EPS miss streak. The stock has averaged -4.2% the trading day after an EPS beat (positive 0% of the time) and -5.1% after a miss. The average EPS surprise runs -18.4%, with the biggest beat at +13.8% and the biggest miss at -104.6%.
How often BHVN has cleared Wall Street's bar, for EPS and revenue separately, companies can beat one and miss the other. See how analysts are rating it now →
Based on 9 quarters where a report date lines up with price history on record. Reaction day is determined from report timing, for after-market-close (AMC) reports, the reaction shows up the next trading day; for before-market-open (BMO) reports, it's the report day itself.
| Result | Next day | 5 trading days | 20 trading days |
|---|---|---|---|
| EPS beat | -4.2% (0% pos, n=2) | -3.4% (50% pos, n=2) | +3.3% (50% pos, n=2) |
| EPS miss | -5.1% (14% pos, n=7) | -8.2% (29% pos, n=7) | -13.9% (17% pos, n=6) |
Average earnings-day move (either direction): +6.3%. Largest on record: +13.8%.
Every quarter with reaction data, side by side. Rows where the surprise direction and the stock's move disagree are highlighted.
| Quarter | Report Date | EPS Surprise | Rev Surprise | Next-Day Move |
|---|---|---|---|---|
| Q2 '26 | Aug 10, 2026 | -19.6% | — | -0.3% |
| Q1 '26 | May 4, 2026 | -6.3% | -100.0% | -4.2% |
| Q4 '25 | Mar 2, 2026 | -1.9% | — | -9.7% |
| Q3 '25 | Nov 10, 2025 | +13.8% | -100.0% | -5.7% |
| Q2 '25 | Aug 11, 2025 | -1.8% | — | -9.0% |
| Q1 '25 | May 12, 2025 | -27.9% | — | -5.1% |
| Q4 '24 | Mar 3, 2025 | -17.4% | — | -13.8% |
| Q3 '24 | Nov 12, 2024 | +0.1% | — | -2.6% |
| Q2 '24 | Aug 8, 2024 | -104.6% | — | +6.3% |
Beat/miss alone doesn't say how big, a company that beats by 0.1% every quarter behaves very differently from one that swings ±20%.
| Avg Surprise | Median | Largest Beat | Largest Miss | |
|---|---|---|---|---|
| EPS | -18.4% | -6.3% | +13.8% | -104.6% |
| Revenue | -100.0% | -100.0% | -100.0% | -100.0% |
More analysts covering a stock generally means more scrutiny and (often) tighter estimates.
Average surprise size by fiscal quarter, some businesses are just more predictable in certain quarters than others.
| Fiscal Quarter | Avg EPS Surprise | Avg Revenue Surprise | Years on Record |
|---|---|---|---|
| Q1 | -17.1% | -100.0% | 2 |
| Q2 | -42.0% | — | 3 |
| Q3 | +7.0% | -100.0% | 2 |
| Q4 | -9.7% | — | 2 |
Each quarter compared to the same fiscal quarter one year earlier, the standard way to strip out seasonality.
| Quarter | Report Date | EPS Growth | Revenue Growth |
|---|---|---|---|
| Q2 '26 | Aug 10, 2026 | +53.1% | — |
| Q1 '26 | May 4, 2026 | +59.6% | — |
| Q4 '25 | Mar 2, 2026 | +34.6% | — |
| Q3 '25 | Nov 10, 2025 | +3.5% | — |
| Q2 '25 | Aug 11, 2025 | +46.7% | — |
Objective, rule-based checks, not a subjective rating.
How often does BHVN beat EPS estimates?
Biohaven Ltd. has beaten EPS estimates in 2 of its last 9 reported quarters, a +22% beat rate. The average surprise is -18.4%.
How often does BHVN beat revenue estimates?
BHVN has beaten revenue estimates in 0 of its last 2 reported quarters, a 0% beat rate.
How does BHVN's stock react to earnings?
Over 9 quarters with price data on record, BHVN has averaged -4.2% the trading day after an EPS beat (positive 0% of the time) and -5.1% after a miss (positive 14% of the time).
What is BHVN's biggest earnings surprise?
BHVN's largest EPS beat on record is +13.8%, and its largest EPS miss is -104.6%.
Is BHVN currently on an earnings beat or miss streak?
BHVN is on a 3-quarter EPS miss streak. Its longest beat streak on record is 1 quarters; its longest miss streak is 3 quarters.
Do analysts usually underestimate or overestimate BHVN?
Analysts have tended to overestimate BHVN's results, based on a +22% EPS beat rate over the last 9 reported quarters.
Every reported quarter on record, estimate vs. actual.
| Quarter | Report Date | EPS Est | EPS Actual | EPS Surprise | Revenue Est | Revenue Actual | Revenue Surprise | Analysts |
|---|---|---|---|---|---|---|---|---|
| Q2 '26 | Aug 10, 2026 | -$0.76 | -$0.91 | -19.6% | $0.00 | $0.00 | — | 14 |
| Q1 '26 | May 4, 2026 | -$0.83 | -$0.88 | -6.3% | $267.4K | $0.00 | -100.0% | 12 |
| Q4 '25 | Mar 2, 2026 | -$1.19 | -$1.21 | -1.9% | $0.00 | $0.00 | — | 14 |
| Q3 '25 | Nov 10, 2025 | -$1.90 | -$1.64 | +13.8% | $375.1K | $0.00 | -100.0% | 15 |
| Q2 '25 | Aug 11, 2025 | -$1.90 | -$1.94 | -1.8% | $0.00 | $0.00 | — | 13 |
| Q1 '25 | May 12, 2025 | -$1.70 | -$2.18 | -27.9% | $0.00 | $0.00 | — | 15 |
| Q4 '24 | Mar 3, 2025 | -$1.57 | -$1.85 | -17.4% | $0.00 | $0.00 | — | 15 |
| Q3 '24 | Nov 12, 2024 | -$1.70 | -$1.70 | +0.1% | $0.00 | $0.00 | — | 14 |
| Q2 '24 | Aug 8, 2024 | -$1.78 | -$3.64 | -104.6% | $0.00 | $0.00 | — | 12 |