Seagen Inc expected to post a loss of 82 cents a share - Earnings Preview

Seagen

26/04/2023 24:44

* Seagen Inc  SGEN.OQ   SGEN.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 27. 
    * The Bothell Washington-based  company is expected to
report  a
21.2% increase in revenue to $517.016 million from $426.46
million a year ago, according to the mean estimate from 16
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Seagen Inc is for a
loss
of 82 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 15
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Seagen Inc
is
$229​, above​ its last closing price of $203.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -0.87       -0.86      -0.73     Beat    14.8​
 Mar. 31 2022  -1.01       -0.99      -0.74     Beat    25.5
 ​​Dec.        -0.83       -0.83      -0.95     Missed  -14.5
 31 2021                                                
 Sep. 30 2021  -0.57       -0.58      -1.61     Missed  -179.6
                                                        ​
 Jun. 30 2021  -0.62       -0.61      -0.47     Beat    22.8
 Mar. 31 2021  -0.62       -0.61      -0.67     Missed  -9.1
 This summary was machine generated April 25 at 23:44 GMT.  All
figures in US dollars  unless otherwise stated