Xencor (XNCR) Tops Q3 EPS by 27c ; Provides Outlook

Xencor (NASDAQ: XNCR) reported Q3 EPS of ($0.71), $0.27 better than the analyst estimate of ($0.98). Revenue for the quarter came in at $10.71 million versus the consensus estimate of $14.59 million.

Financial Guidance

Based on current operating plans, Xencor expects to end 2024 with between $690 million and $710 million in cash, cash equivalents and marketable debt securities, and to have cash to fund research and development programs and operations into 2028.

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

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