Investing.com - Exelixis reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Exelixis announced earnings per share of $0.35 on revenue of $451.14M. Analysts polled by Investing.com anticipated EPS of $0.25 on revenue of $446.42M.
Exelixis shares are down 29.2% from the beginning of the year , still down 32.99% from its 52 week high of $23.40 set on Tuesday, April 5, 2022.
Exelixis follows other major Healthcare sector earnings this month
Exelixis's report follows an earnings beat by Merck ADR on Friday, September 9, 2022, who reported EPS of $0.5392 on revenue of $5.69B, compared to forecasts EPS of $0.5165 on revenue of $5.57B.
Carl Zeiss Meditec ADR had beat expectations on Friday, September 9, 2022 with fourth quarter EPS of $0.7134 on revenue of $486.54M, compared to forecast for EPS of $0.7116 on revenue of $486.31M.
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