Recap: Biogen Q1 Earnings

 

Biogen BIIB reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Biogen missed estimated earnings by 17.35%, reporting an EPS of $3.62 versus an estimate of $4.38.

Revenue was down $162.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 0.62% increase in the share price the next day.

Here's a look at Biogen's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 3.40 4.11 4.55 5.04
EPS Actual 3.39 4.77 5.68 5.34
Revenue Estimate 2.62B 2.67B 2.61B 2.65B
Revenue Actual 2.73B 2.78B 2.77B 2.69B

To track all earnings releases for Biogen visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews