Incyte earnings beat, Revenue misses in Q3

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Incyte earnings beat, Revenue misses in Q3
Credit: © Reuters.

Investing.com - Incyte (NASDAQ: INCY ) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Incyte announced earnings per share of $0.60 on revenue of $823.3M (NYSE: MMM ). Analysts polled by Investing.com anticipated EPS of $0.57 on revenue of $845.6M.

Incyte shares are down 4% from the beginning of the year and are trading at $74.34 , down-from-52-week-high.

Incyte follows other major Healthcare sector earnings this month

Incyte's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.

J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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