Recap: Seagen Q1 Earnings

Seagen SGEN reported its Q1 earnings results on Thursday, April 28, 2022 at 04:05 PM.

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

Seagen beat estimated earnings by 26.0%, reporting an EPS of $-0.74 versus an estimate of $-1.0.

Revenue was up $94.48 million from the same period last year.

Last quarter the company missed on EPS by $0.13 which was followed by a 11.65% drop in the share price the next day.

Here's a look at Seagen's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.82	-0.57	-0.60	-0.61
EPS Actual	-0.95	-1.61	-0.47	-0.67
Revenue Estimate	407.21M	384.65M	355.03M	336.97M
Revenue Actual	429.85M	424.06M	388.48M	331.98M

To track all earnings releases for Seagen visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.