Seagen Inc expected to post a loss of 79 cents a share - Earnings Preview

Seagen

30/10/2023 21:16

* Seagen Inc  SGEN.OQ   SGEN.O  is expected to show a rise
in
quarterly revenue when it reports  results 
    * The Bothell Washington-based  company is expected to
report  a
24.5% increase in revenue to $635.081 million from $510.3
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Seagen Inc is for a
loss
of 79 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 14
"hold" and no "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 Seagen Inc
is
$229​, above​ its last closing price of $214.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.78       -0.81      -1.13     Missed  -40.1
 Mar. 31 2023  -0.82       -0.82      -0.93     Missed  -13.5
 Dec. 31 2022  -1.04       -1.04      -0.80     Beat    22.9​
 Sep. 30 2022  -0.94       -0.96      -1.03     Missed  -7.7
 ​​Jun.        -0.87       -0.86      -0.73     Beat    14.8
 30 2022                                                
 Mar. 31 2022  -1.01       -0.99      -0.74     Beat    25.5​
 Dec. 31 2021  -0.83       -0.83      -0.95     Missed  -14.5
 Sep. 30 2021  -0.57       -0.58      -1.61     Missed  -179.6
 This summary was machine generated October 30 at 21:16 GMT.  All
figures in US dollars  unless otherwise stated