Halozyme Therapeutics HALO reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Halozyme Therapeutics beat estimated earnings by 6.0%, reporting an EPS of $0.53 versus an estimate of $0.5.
Revenue was up $15.91 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 0.99% increase in the share price the next day.
Here's a look at Halozyme Therapeutics's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.49 | 0.41 | 0.42 | 0.40 |
EPS Actual | 0.47 | 0.42 | 0.55 | 0.66 |
Revenue Estimate | 128.25M | 100.32M | 101.94M | 103.16M |
Revenue Actual | 117.28M | 102.00M | 115.83M | 136.46M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Halozyme Therapeutics management provided guidance for FY 2022, expecting earnings between $2.1 and $2.25 per share.
To track all earnings releases for Halozyme Therapeutics visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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