MacroGenics (MGNX) reported $110.71 million in income for the quarter ended September 2024, representing a year-over-year improve of 964.5%. EPS of $0.90 for a similar interval compares to -$0.52 a yr in the past.
The reported income represents a shock of +14.09% over the Zacks Consensus Estimate of $97.04 million. With the consensus EPS estimate being $0.17, the EPS shock was +429.41%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers undertaking a inventory’s value efficiency extra precisely.
Right here is how MacroGenics carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Income- Product gross sales, web: $4.16 million versus the four-analyst common estimate of $6.05 million. The reported quantity represents a year-over-year change of -11.4%.
- Income- Collaborative and different agreements: $101.41 million versus $72.94 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +11358.5% change.
- Income- Authorities agreements: $0.57 million versus $0.45 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +64.1% change.
View all Key Company Metrics for MacroGenics here>>>
Shares of MacroGenics have returned +3.1% over the previous month versus the Zacks S&P 500 composite’s -0.5% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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