Recap: Arcus Biosciences Q4 Earnings

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Arcus Biosciences RCUS reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:00 PM.

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

Earnings

Arcus Biosciences missed estimated earnings by 5.88%, reporting an EPS of $-1.08 versus an estimate of $-1.02.

Revenue was down $3.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.2 which was followed by a 2.67% drop in the share price the next day.

Here's a look at Arcus Biosciences's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -1.14 -1 -1.16 -1.07
EPS Actual -0.94 -1.04 -1.09 -0.93
Revenue Estimate 27.28M 35.86M 24.97M 23.31M
Revenue Actual 32.00M 29.00M 25.00M 34.00M

To track all earnings releases for Arcus Biosciences 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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