13.02.2024 13:17:23 - dpa-AFX: Incyte Corporation Q4 Profit Increases, but misses estimates

WASHINGTON (dpa-AFX) - Incyte Corporation (INCY) reported earnings for its
fourth quarter that increased from the same period last year but missed the
Street estimates.

The company's bottom line came in at $201.08 million, or $0.89 per share. This
compares with $28.46 million, or $0.13 per share, in last year's fourth quarter.

Excluding items, Incyte Corporation reported adjusted earnings of $239.12
million or $1.06 per share for the period.

Analysts on average had expected the company to earn $1.16 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 9.0% to $1.01 billion from $926.70
million last year.

Incyte Corporation earnings at a glance (GAAP) :

-Earnings (Q4): $201.08 Mln. vs. $28.46 Mln. last year.
-EPS (Q4): $0.89 vs. $0.13 last year.
-Analyst Estimate: $1.16
-Revenue (Q4): $1.01 Bln vs. $926.70 Mln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Incyte Corp 896133 NASDAQ 57,100 17.05.24 22:23:08 +0,240 +0,42% 56,050 57,070 56,830 57,100

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