Mark your calendars for Tuesday 29th October 2024, as Incyte Corporation (NASDAQ: INCY) is set to unveil its third quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.
Financial analysts on Wall Street are predicting that the company is about to reveal an estimated $1.07 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $1.08 billion for this period.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $1.1. This significant amount was attributed to the company's remarkable total revenue of $919.03 million generated during that specific period.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $4.15 billion. Additionally, they predict that the earnings per share for the company will hit profit of $1.34 by the end of the fiscal year.
INCY has scheduled a conference call on 29th October 2024 at 08:00 AM eastern time to discuss the third quarter financial results and other related information.
Incyte Corporation (INCY) experienced a trading range of $64.99 to $65.74, along with a total volume of 1.09 million shares during the day. The stock concluded Friday's regular trading session at $65.07, demonstrating decrease of 0.26 percent.