Seagen Earnings Preview
Portfolio Pulse from Benzinga Insights
Seagen (NASDAQ:SGEN) is set to release its quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $-0.78. The company's past performance shows a mixed trend of beating and missing EPS estimates, which has led to varied stock price changes. Seagen's shares were trading at $191.78 as of July 31, with a 52-week increase of 9.94%.
August 04, 2023 | 10:06 am
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NEUTRAL IMPACT
Seagen's upcoming earnings report could impact its stock price. The company's past performance shows a mixed trend of beating and missing EPS estimates, which has led to varied stock price changes.
Seagen's stock price has shown to be sensitive to its earnings reports. Depending on whether the company beats or misses the EPS estimate, the stock price could either increase or decrease. However, it's also important to note that the company's guidance for the next quarter could also significantly impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100