Xencor (XNCR) Misses Q2 EPS by 25c, provides guidance

Xencor (NASDAQ: XNCR) reported Q2 EPS of ($1.07), $0.25 worse than the analyst estimate of ($0.82). Revenue for the quarter came in at $16.96 million versus the consensus estimate of $21.13 million.

Financial Guidance: Based on current operating plans, Xencor expects to end 2024 with between $475 million and $525 million in cash, cash equivalents and marketable debt securities, and to have cash to fund research and development programs and operations into 2027.

For earnings history and earnings-related data on Xencor (XNCR) click here.

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