Genmab: Looking To Manage My Position Around Q3 Earnings
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Genmab's strong pipeline and strategic partnerships, particularly with DARZALEX and EPKINLY, support a bullish outlook despite legal issues with Johnson & Johnson. The upcoming Q3 earnings on November 6th are pivotal, with expected revenue of $817M and EPS of $0.33, which could reverse a recent 20% share price decline. Key areas to watch include pipeline updates, operating expenses, DARZALEX royalties, and the impact of the ProfoundBio acquisition.
November 06, 2024 | 8:30 am
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Genmab's Q3 earnings are expected to show $817M in revenue and $0.33 EPS, which could reverse a recent 20% share price drop. Key factors include pipeline updates, operating expenses, and DARZALEX royalties.
Genmab's upcoming Q3 earnings are critical due to the potential to reverse a significant share price decline. The expected revenue and EPS figures are positive indicators, and updates on key products and expenses will be closely watched by investors.
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