NovoCure (NASDAQ:NVCR) reported its Q3 earnings results on Thursday, October 28, 2021 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
NovoCure missed their estimated earnings by 85.71%, reporting an EPS of $-0.13 versus an estimate of $-0.07, which surprised analysts.
Revenue was up $946,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.15, which was followed by a 6.09% drop in the share price the next day.
Here's a look at NovoCure's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.01 | 0.02 | 0.12 | 0.03 |
| EPS Actual | -0.14 | -0.04 | 0.04 | 0.09 |
| Revenue Estimate | 141.89M | 139.36M | 141.29M | 120.24M |
| Revenue Actual | 133.52M | 134.69M | 143.95M | 132.66M |
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