Seagen Inc reports results for the quarter ended in June - Earnings Summary

Seagen

02/08/2023 22:03

* Seagen Inc  SGEN.OQ  reported a quarterly adjusted loss of
$1.13​​ per share for the quarter ended in June. The mean
expectation of eighteen analysts for the quarter was for a loss
of 81 cents per share.
    * Revenue rose 21.4% to $603.83 million from a year ago;
analysts
expected $559.86 million. 
    * Seagen Inc's reported EPS for the quarter was a loss of
$1.13​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Seagen Inc shares had fallen by 0.0% this quarter and
gained 49.8% so far this year.
    * The company reported a quarterly loss of $211.53 million.
    * Wall Street's median 12-month price target for Seagen Inc
is
$229.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 13
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.81          -1.13          Missed
 Mar. 31 2023      -0.82          -0.93          Missed
 Dec. 31 2022      -1.04          -0.80          Beat
 Sep. 30 2022      -0.96          -1.03          Missed