Xencor Inc reports results for the quarter ended in December - Earnings Summary

Xencor

27/02/2024 23:30

* Xencor Inc  XNCR.OQ  reported a quarterly adjusted loss
of 31
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -20
cents.  The mean expectation of thirteen analysts for the
quarter was for a loss of 9 cents per share. Wall Street
expected results to range from $-1.35 to $1.89 per share.
    * Revenue rose 106.8% to $44.69 million from a year ago;
analysts
expected $73.84 million. 
    * Xencor Inc's reported EPS for the quarter was a loss of 31
cents​.
    * The company reported a quarterly loss of $19.1 million.
    * Xencor Inc shares had risen by 21.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 34.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Xencor Inc
is
$36.50 

This summary was machine generated from LSEG data February 27 at
11:29 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.09          -0.31          Missed
 Sep. 30 2023      -0.73          -0.40          Beat
 Jun. 30 2023      -0.80          -0.37          Beat
 Mar. 31 2023      -0.66          -1.02          Missed