Recap: Merus Q3 Earnings

Merus MRUS reported its Q3 earnings results on Thursday, November 3, 2022 at 07:51 AM.

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

Earnings

Merus beat estimated earnings by 15.87%, reporting an EPS of $-0.53 versus an estimate of $-0.63.

Revenue was down $7.09 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.48 which was followed by a 5.93% drop in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.61 -0.62 -0.62 -0.68
EPS Actual -0.13 -0.43 -0.34 -0.39
Revenue Estimate 10.39M 9.37M 11.81M 13.14M
Revenue Actual 12.68M 11.65M 14.71M 13.67M

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

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

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MRUSMerus NV
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