Recap: MorphoSys Q3 Earnings

MorphoSys MOR reported its Q3 earnings results on Wednesday, November 15, 2023 at 04:00 PM.

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

Earnings

MorphoSys beat estimated earnings by 47.8%, reporting an EPS of $-0.95 versus an estimate of $-1.82.

Revenue was down $27.14 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.29 which was followed by a 0.53% increase in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -1.88 -0.53 -0.40
EPS Actual -0.59 -0.35 2.28 -0.91
Revenue Estimate 58.46M 49.51M 80.68M 69.20M
Revenue Actual 57.98M 66.86M 83.29M 96.58M

To track all earnings releases for MorphoSys 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...
Posted In:
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!