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Incyte (INCY) Misses Q4 EPS by 7c

February 14, 2019 7:04 AM EST

Incyte (NASDAQ: INCY) reported Q4 EPS of $0.40, $0.07 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $468 million versus the consensus estimate of $485.8 million.

2019 Financial Guidance

The Company has provided full year 2019 financial guidance, as detailed below.

2019

GAAP and Non-GAAP Jakafi net product revenues$1,580 - $1,650 million
GAAP and Non-GAAP Iclusig net product revenues $90 - $100 million
GAAP Cost of product revenues $112 - $117 million
Non-GAAP Cost of product revenues(1) $90 - $95 million
GAAP Research and development expenses $1,185 - $1,255 million
Non-GAAP Research and development expenses(2) $1,030 - $1,100 million
GAAP Selling, general and administrative expenses $471 - $521 million
Non-GAAP Selling, general and administrative expenses(3) $420 - $470 million
GAAP Change in fair value of acquisition-related contingent consideration $30 million
Non-GAAP Change in fair value of acquisition-related contingent consideration(4)$0 million

For earnings history and earnings-related data on Incyte (INCY) click here.



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