Exelixis Inc expected to post earnings of 30 cents a share - Earnings Preview

Exelixis

03/08/2024 03:03

* Exelixis Inc  EXEL.OQ   EXEL.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Alameda California-based  company is expected to
report a
1.0% decrease in revenue to $465.005 million from $469.85
million a year ago, according to the mean estimate from 18
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Exelixis Inc is for
earnings
of 30 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Exelixis
Inc is
$27.00​, above​ its last closing price of $24.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.23        0.24       0.20      Missed  -16.1
 Jan. 1 2024   0.22        0.21       0.27      Beat    27.1
 Sep. 30 2023  0.10        0.10       0.00      Missed  -100​
 Jun. 30 2023  0.16        0.16       0.25      Beat    56.3
 ​​Mar.        0.15        0.15       0.12      Missed  -19
 31 2023                                                
 Jan. 1 0001   -0.11       -0.12      -0.09     Beat    26.9​
 Sep. 30 2022  0.18        0.19       0.23      Beat    22.2
 Jun. 30 2022  0.16        0.19       0.22      Beat    17.6
 This summary was machine generated August 3 at 02:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)