Recap: Biogen Q1 Earnings

Biogen BIIB reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:00 AM.

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

Biogen missed estimated earnings by 17.35%, reporting an EPS of $3.62 versus an estimate of $4.38.

Revenue was down $162.00 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 0.62% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	3.40	4.11	4.55	5.04
EPS Actual	3.39	4.77	5.68	5.34
Revenue Estimate	2.62B	2.67B	2.61B	2.65B
Revenue Actual	2.73B	2.78B	2.77B	2.69B

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

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

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