Ligand Pharmaceuticals (NASDAQ:LGND) reported quarterly earnings of $1.84 per share which beat the analyst consensus estimate of $1.35 by 36.3 percent. This is a 80.39 percent increase over earnings of $1.02 per share from the same period last year. The company reported quarterly sales of $51.812 million which beat the analyst consensus estimate of $40.650 million by 27.46 percent. This is a 57.64 percent increase over sales of $32.868 million the same period last year.