Xencor Q3 2023 Gaap EPS $(0.40) Beats $(0.73) Estimate, Sales $59.16M Beat $29.32M Estimate
Portfolio Pulse from saritha@benzinga.com
Xencor (NASDAQ:XNCR) reported Q3 2023 GAAP EPS of $(0.40), beating the estimate of $(0.73) by 45.21%. This is a 27.27% increase over the same period last year. The company also reported quarterly sales of $59.16M, beating the estimate of $29.32M by 101.79%, a 116.73% increase over the same period last year.
November 07, 2023 | 9:05 pm
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POSITIVE IMPACT
Xencor's Q3 2023 earnings and sales significantly beat estimates, indicating strong performance.
Xencor's Q3 2023 earnings and sales significantly exceeded estimates, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100