Seattle Genetics Reports Third Quarter 2019 Financial Results

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Needham & Company Reiterates Buy Rating on Seattle Genetics (SGEN)

October 30, 2019 7:51 AM EDT

Needham & Company analyst Chad Messer reiterated a Buy rating and $121.00 price target on Seattle Genetics (NASDAQ: SGEN) following the company's 3Q earnings report. Seattle had several positive data readouts in 3Q including results from enfortumab vedotin (EV) at ESMO and topline pivotal tucatinib... More

H.C. Wainwright Reiterates Buy Rating on Seattle Genetics (SGEN)

October 30, 2019 7:44 AM EDT

H.C. Wainwright analyst Andrew Fein reiterated a Buy rating and $140.00 price target on Seattle Genetics (NASDAQ: SGEN). With ongoing clinical momentum and against the backdrop of strong Adcetris sales, Fein believes Seattle Genetics is building a powerful value-driving structure upon its various assets.... More

Seattle Genetics (SGEN) Misses Q3 EPS by 19c, Revenues Beat; Raises FY19 Revenue Outlook

October 29, 2019 4:14 PM EDT

Seattle Genetics (NASDAQ: SGEN) reported Q3 EPS of ($0.55), $0.19 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $213.26 million versus the consensus estimate of $211.83 million.

We are executing on our vision of becoming a multi-product global oncology company, recently achieving several important milestones across our late-stage pipeline, said Clay Siegall, Ph.D., President and Chief... More