Exelixis Inc reports results for the quarter ended in March - Earnings Summary

Exelixis

09/05/2023 23:26

* Exelixis Inc  EXEL.OQ  reported quarterly adjusted
earnings of
12 cents​​ per share for the quarter ended in March. The mean
expectation of fifteen analysts for the quarter was for earnings
of 15 cents per share.
    * Revenue rose 14.8% to $408.79 million from a year ago;
analysts
expected $423.08 million. 
    * Exelixis Inc's reported EPS for the quarter was 12 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Exelixis Inc shares had fallen by 2.0% this quarter and
gained 18.6% so far this year.
    * The company reported quarterly net income of $40.03
million.
    * Wall Street's median 12-month price target for Exelixis
Inc is
$25.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 10:26 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.15           0.12           Missed
 Dec. 31 2022      -0.12          -0.09          Beat
 Sep. 30 2022      0.19           0.23           Beat
 Jun. 30 2022      0.19           0.22           Beat