Exelixis Q3 2023 Adj. EPS $0.10 Misses $0.11 Estimate, Revenue $471.9M Misses $472.919M Estimate
Portfolio Pulse from Benzinga Newsdesk
Exelixis reported Q3 2023 adjusted EPS of $0.10, missing the estimate of $0.11. The company's revenue of $471.9M also fell short of the $472.919M estimate.
November 01, 2023 | 8:24 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Exelixis' Q3 2023 earnings and revenue missed estimates, which could negatively impact the company's stock in the short term.
Exelixis' earnings and revenue for Q3 2023 fell short of estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100