Incyte Q3 2024 Adj. EPS $1.07 Misses $1.09 Estimate, Sales $1.138B Beat $1.077B Estimate
Portfolio Pulse from Benzinga Newsdesk
Incyte's Q3 2024 financial results show an adjusted EPS of $1.07, missing the estimate of $1.09, while sales reached $1.138 billion, surpassing the expected $1.077 billion.
October 29, 2024 | 11:01 am
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Incyte reported Q3 2024 adjusted EPS of $1.07, missing the $1.09 estimate, but sales of $1.138 billion exceeded the $1.077 billion forecast.
The mixed earnings report, with EPS missing estimates but sales exceeding them, suggests potential volatility in Incyte's stock price. The sales beat is a positive indicator, but the EPS miss could weigh on investor sentiment.
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