Incyte Q2 Adj. EPS $3.09 Beats $2.12 Estimate, Sales $1.663B Beat $1.460B Estimate
Incyte (NASDAQ:INCY) reported quarterly earnings of $3.09 per share which beat the analyst consensus estimate of $2.12 by 45.75 percent. This is a 96.82 percent increase over earnings of $1.57 per share from the same
Incyte made way more money than experts thought it would—almost twice as much profit per share, and they sold more products too. When a company beats expectations by this much, it shows their business is doing really well, which is something to notice when watching how the company grows.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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