Seagen Q3 EPS $(1.15) Misses $(0.79) Estimate, Sales $648.65M Beat $635.08M Estimate
Portfolio Pulse from Benzinga Newsdesk
Seagen reported Q3 losses of $(1.15) per share, missing the analyst consensus estimate of $(0.79) by 45.57%. However, the company's quarterly sales of $648.65 million beat the estimate of $635.08 million by 2.14%. This represents a 27.11% increase over sales from the same period last year.
November 01, 2023 | 12:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Seagen's Q3 earnings per share missed estimates by 45.57%, but sales exceeded expectations by 2.14%. This could have mixed effects on the stock.
Seagen's Q3 earnings per share missed estimates, which could negatively impact the stock. However, the company's sales exceeded expectations, which could have a positive effect. The overall impact on the stock is uncertain due to these mixed results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100