Recap: Seagen Q2 Earnings

Recap: Seagen Q2 Earnings

Seagen SGEN reported its Q2 earnings results on Thursday, July 28, 2022 at 04:05 PM.

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

Earnings

Seagen beat estimated earnings by 15.12%, reporting an EPS of $-0.73 versus an estimate of $-0.86.

Revenue was up $109.02 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.26 which was followed by a 0.6% increase in the share price the next day.

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

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -1 -0.82 -0.57 -0.60
EPS Actual -0.74 -0.95 -1.61 -0.47
Revenue Estimate 401.27M 407.21M 384.65M 355.03M
Revenue Actual 426.46M 429.85M 424.06M 388.48M

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -1 -0.82 -0.57 -0.60
EPS Actual -0.74 -0.95 -1.61 -0.47
Revenue Estimate 401.27M 407.21M 384.65M 355.03M
Revenue Actual 426.46M 429.85M 424.06M 388.48M

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

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

Posted In: BZI-RecapsEarnings