Xencor (XNCR) Reports Q3 Loss, Tops Revenue Estimates
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Xencor (XNCR) reported a Q3 loss of $0.71 per share, which was better than the expected loss of $0.98 per share. This is an improvement compared to the previous year's loss of $0.40 per share.
November 06, 2024 | 11:30 pm
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Xencor reported a Q3 loss of $0.71 per share, better than the expected $0.98 loss, indicating a positive surprise in earnings performance.
Xencor's reported loss per share was less than expected, which is a positive indicator for the company's financial performance. This could lead to a short-term increase in stock price as the market reacts to the better-than-expected earnings.
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IMPORTANCE 80
RELEVANCE 100