Regeneron Expects Acquired IPR&D Charge To Negatively Impact Each Of GAAP And Adj EPS For Q3 By Approximately $0.43
Portfolio Pulse from Benzinga Newsdesk
Regeneron anticipates a negative impact on both GAAP and adjusted EPS for Q3 by approximately $0.43 due to an acquired IPR&D charge.
October 07, 2024 | 11:05 am
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Regeneron expects its Q3 GAAP and adjusted EPS to be negatively impacted by $0.43 due to an acquired IPR&D charge.
The announcement of a $0.43 negative impact on both GAAP and adjusted EPS for Q3 is significant for investors as it directly affects the company's profitability metrics. This could lead to a short-term negative reaction in the stock price.
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