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Exelixis EXEL reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Exelixis beat estimated earnings by 47.37%, reporting an EPS of $0.28 versus an estimate of $0.19.
Revenue was up $34.25 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 0.35% increase in the share price the next day.
Here’s a look at Exelixis’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.14 | 0.06 | 0.16 | 0.07 |
| EPS Actual | 0.26 | 0.35 | 0.20 | 0.37 |
| Revenue Estimate | 372.46M | 352.78M | 354.02M | 298.16M |
| Revenue Actual | 355.98M | 451.14M | 328.42M | 385.18M |
To track all earnings releases for Exelixis visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.