Incyte's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Incyte (NASDAQ:INCY) is set to release its quarterly earnings report on August 1, 2023. Analysts estimate an EPS of $0.88. The company's past performance shows a trend of missing EPS estimates, which has led to drops in share price. Over the last 52-week period, Incyte's shares are down 12.16%.
July 31, 2023 | 2:04 pm
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Incyte's upcoming earnings report could impact its stock price. The company has a history of missing EPS estimates, which has led to share price drops. Its shares are down 12.16% over the last 52 weeks.
Incyte's stock price has historically been affected by its earnings reports, particularly when it misses EPS estimates. Given that the company's shares are already down over the past year, another earnings miss could further depress the stock price.
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