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Incyte Earnings, Revenue Beat in Q2

imageStock Markets5 hours ago (Aug 04, 2020 07:03AM ET)

(C) Reuters. Incyte Earnings, Revenue Beat in Q2 – Incyte (NASDAQ:INCY) reported on Tuesday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Incyte announced earnings per share of $1.24 on revenue of $688M. Analysts polled by anticipated EPS of $0.5 on revenue of $608.61M.

Incyte shares are up 16.57% from the beginning of the year , still down 7.73% from its 52 week high of $110.32 set on July 7. They are under-performing the Nasdaq 100 which is up 26.59% from the start of the year.

Incyte’s report follows an earnings beat by J&J on July 16, who reported EPS of $1.67 on revenue of $18.34B, compared to forecasts EPS of $1.49 on revenue of $17.61B.

Roche Holding ADR had beat expectations on July 23 with second quarter EPS of $1.45 on revenue of $15.27B, compared to forecast for EPS of $1.42 on revenue of $15.43B.

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Incyte Earnings, Revenue Beat in Q2

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