Exelixis (NASDAQ:EXEL) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Exelixis beat estimated earnings by 85.71%, reporting an EPS of $0.26 versus an estimate of $0.14.
Revenue was up $85.75 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.29 which was followed by a 6.65% increase in the share price the next day.
Here's a look at Exelixis's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.16 | 0.07 | 0.03 |
| EPS Actual | 0.35 | 0.20 | 0.37 | 0.09 |
| Revenue Estimate | 352.78M | 354.02M | 298.16M | 265.94M |
| Revenue Actual | 451.14M | 328.42M | 385.18M | 270.23M |
To track all earnings releases for Exelixis visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
