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

Seagen

27/04/2023 22:01

* Seagen Inc  SGEN.OQ  reported a quarterly adjusted loss
of 93
cents​​ per share for the quarter ended in March. The mean
expectation of nineteen analysts for the quarter was for a loss
of 82 cents per share.
    * Revenue rose 21.9% to $519.72 million from a year ago;
analysts
expected $517.02 million. 
    * Seagen Inc's reported EPS for the quarter was a loss of 93
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Seagen Inc shares had fallen by 0.5% this quarter and
gained 56.7% so far this year.
    * The company reported a quarterly loss of $174.74 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 5 "strong buy" or "buy," 15
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.86          -0.73          Beat