Recap: Exelixis Q2 Earnings - Benzinga

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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.