Clovis Oncology: Q1 Earnings Insights

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Clovis Oncology CLVS reported its Q1 earnings results on Wednesday, May 4, 2022 at 08:00 AM.

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

Earnings

Clovis Oncology missed estimated earnings by 2.33%, reporting an EPS of $-0.44 versus an estimate of $-0.43.

Revenue was down $3.81 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 20.99% increase in the share price the next day.

Here's a look at Clovis Oncology's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.56 -0.48 -0.56 -0.72
EPS Actual -0.48 -0.56 -0.59 -0.64
Revenue Estimate 39.08M 39.09M 41.12M 44.55M
Revenue Actual 35.97M 37.92M 36.82M 38.05M

To track all earnings releases for Clovis Oncology visit their earnings calendar here.

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

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