Recap: Biogen Q3 Earnings

Biogen BIIB reported its Q3 earnings results on Tuesday, October 25, 2022 at 07:00 AM.

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

Biogen beat estimated earnings by 14.66%, reporting an EPS of $4.77 versus an estimate of $4.16.

Revenue was down $270.50 million from the same period last year.

Last quarter the company beat on EPS by $1.15 which was followed by a 3.17% increase in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	4.10	4.38	3.40	4.11
EPS Actual	5.25	3.62	3.39	4.77
Revenue Estimate	2.48B	2.49B	2.62B	2.67B
Revenue Actual	2.59B	2.53B	2.73B	2.78B

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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