Investors Are Eagerly Anticipating Exelixis ($EXEL) Q3 2024 Earnings Report

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On Tuesday 29th October 2024, Exelixis (NASDAQ: EXEL) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.

The latest projections from financial analysts on Wall Street suggest that the company is likely to reveal an estimated $0.35 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $490.02 million for the period.

In the same three months of the year before, the company made income of $0.1 per share, as shown in their financial report. This number came from the total revenue of $471.92 million that the company earned in that particular quarter.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $2.05 billion. Additionally, they are expecting the company to report profit of $1.58 per share for the fiscal year 2024.

 

The business has scheduled a conference call on 29th October 2024 at 05:00 PM eastern time to discuss Q3 financial results.

During Friday's trading, Exelixis (EXEL) shares reached a low of $27.86 and a high of $28.34, along with a total volume of 1.02 million shares. The stock ended the regular trading session at $27.87, demonstrating decline of 0.85 percent.