Earnings Outlook For Seagen
Portfolio Pulse from Benzinga Insights
Seagen (NASDAQ:SGEN) is set to release its latest quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $0.80. The company's past performance shows a mixed trend of beating and missing EPS estimates. Seagen's shares were trading at $214.15 as of October 30, with a 64.84% increase over the last 52-week period.
October 31, 2023 | 9:01 pm
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Seagen is expected to announce its Q3 earnings on November 1, 2023. The company's stock price could be influenced by the earnings report and any guidance provided for future quarters.
The upcoming earnings report is a significant event for Seagen. If the company beats the EPS estimate of $0.80, the stock price could rise. However, if it misses the estimate or provides negative future guidance, the stock price could fall. Given the company's mixed past performance, the impact on the stock price is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100