Xencor (XNCR) Misses Q2 EPS by 8c

Xencor (NASDAQ: XNCR) reported Q2 EPS of ($0.57), $0.08 worse than the analyst estimate of ($0.49). Revenue for the quarter came in at $30.2 million versus the consensus estimate of $33.57 million.

GUIDANCE:

Based on current operating plans, Xencor expects to have cash to fund research and development programs and operations through the end of 2025. The Company expects to end 2022 with between $550 million and $575 million in cash, cash equivalents, receivables and marketable debt securities.

For earnings history and earnings-related data on Xencor (XNCR) click here.

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