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Incyte (INCY) Reports Q1 EPS of 12c, Updates FY Guidance

May 9, 2016 7:15 AM

Incyte (NASDAQ: INCY) reported Q1 EPS of $0.12, $0.08 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $263 million versus the consensus estimate of $263.97 million.

2016 Financial Guidance

The Company has updated its full year 2016 financial guidance, as detailed below.

Incyte

ARIAD EU

Combined

Jakafi net product revenues

$815-$830 million(previously $800-$815 million) - $815-$830 million

Iclusig net product revenues

- $25-$30 million $25-$30 million

Research and development expenses

$620-$640 million(no change) $15-$20 million $635-$660 million

Selling, general and administrative expenses

$255-$275 million(previously $255-$270 million) $30-$35 million $285-$310 million

For earnings history and earnings-related data on Incyte (INCY) click here.

Categories

Earnings Guidance

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