A Sneak Peek At NovoCure Limited ($NVCR) Q3 2024 Earnings

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Mark your calendars for Wednesday 30th October 2024, as NovoCure Limited (NASDAQ: NVCR) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.

Financial analysts on Wall Street are predicting that the concern is expected to report an estimated per share $0.33 loss for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $143.95 million during this period.

Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $580.56 million. Additionally, they are expecting the company to report loss of $1.35 per share for the full year 2024.

In the same quarter of the previous year, the company's financial statement revealed a per-share loss of $0.46. Additionally, the company's overall revenue for that particular period was an impressive $127.32 million.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $-0.31 +42.6% 150.36 M +19.3%
Q1 2024 $-0.36 +28.0% 138.50 M +13.4%
Q4 2023 $-0.45 -25.0% 133.78 M +4.2%
Q3 2023 $-0.46 -84.0% 127.32 M -2.8%
Q2 2023 $-0.54 -134.8% 126.05 M -10.5%
*Growth on year-over-year basis

 

In addition, The firm will review the third quarter financial results on 30th October 2024 at 08:00 AM eastern time, in a conference call with public.

NovoCure Limited (NVCR) shares experienced a range of $16.51 to $17.31 on a day volume of 1.07 million shares. The stock closed Monday's regular trading session at $16.62, marking a 0.72 percent decline.