Recap: Exact Sciences Q3 Earnings

Exact Sciences EXAS reported its Q3 earnings results on Thursday, November 3, 2022 at 04:00 PM.

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

Earnings

Exact Sciences beat estimated earnings by 22.22%, reporting an EPS of $-0.84 versus an estimate of $-1.08.

Revenue was up $66.69 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 0.71% drop in the share price the next day.

Here's a look at Exact Sciences's past performance:

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -1.07 -1.07 -1.04 -0.85
EPS Actual -0.90 -1.04 -1.28 -0.79
Revenue Estimate 497.50M 461.71M 449.00M 430.03M
Revenue Actual 521.64M 486.57M 473.81M 456.38M

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -1.07 -1.07 -1.04 -0.85
EPS Actual -0.90 -1.04 -1.28 -0.79
Revenue Estimate 497.50M 461.71M 449.00M 430.03M
Revenue Actual 521.64M 486.57M 473.81M 456.38M

To track all earnings releases for Exact Sciences visit their earnings calendar here.

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

Posted In: BZI-RecapsEarnings