Recap: BeiGene Q1 Earnings

BeiGene BGNE reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.

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

Earnings

BeiGene beat estimated earnings by 11.41%, reporting an EPS of $-3.34 versus an estimate of $-3.77.

Revenue was up $141.18 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 3.98% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -4.27 -4.01 -3.97 -4.73
EPS Actual -4.29 -5.39 -5.56 -4.24
Revenue Estimate 398.81M 385.77M 318.00M 288.28M
Revenue Actual 380.10M 387.63M 341.57M 306.63M

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

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

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!