Incyte Reports Mixed Q4 Earnings: Revenue Beats, Earnings Miss
WILMINGTON, Del. -- Incyte Corp. (INCY) announced its fourth-quarter financial results on Monday, with revenue surpassing analyst expectations but earnings falling short.
Earnings:
* Net income: $201.2 million, or $1.02 per share
* Adjusted earnings per share (EPS): $1.43
The adjusted EPS missed the consensus analyst estimate of $1.53, as reported by Zacks Investment Research.
Revenue:
* Total revenue: $1.18 billion
Revenue exceeded the Zacks consensus estimate of $1.15 billion.
Full-Year Results:
* Net income: $32.6 million, or 15 cents per share
* Revenue: $4.24 billion
Analyst Coverage:
For more information on Incyte's stock performance, investors can access a Zacks stock report at https://www.zacks.com/ap/INCY.