Horizon Therapeutics: Q1 Earnings Insights

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Horizon Therapeutics HZNP reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.

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

Earnings

Horizon Therapeutics missed estimated earnings by 25.89%, reporting an EPS of $0.83 versus an estimate of $1.12.

Revenue was down $53.19 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 0.08% drop in the share price the next day.

Here's a look at Horizon Therapeutics's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.09 1.01 1.35 1.20
EPS Actual 1.21 1.25 1.07 1.34
Revenue Estimate 922.92M 888.32M 936.10M 874.41M
Revenue Actual 942.00M 925.36M 876.41M 885.25M

To track all earnings releases for Horizon 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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Posted In: EarningsBZI-Recaps
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