argenx SE expected to post earnings of 3 cents a share - Earnings Preview

Reuters
2024-10-29
argenx SE <argx.oq> expected to post earnings of 3 cents a share - Earnings Preview </argx.oq>
  • argenx SE ARGX.OQ, ARGX.O is expected to show a rise in quarterly revenue when it reports results on October 31 for the period ending September 30 2024

  • The Amsterdam Noord-holland-based company is expected to report a 58.5% increase in revenue to $538.52 million from $339.84 million a year ago, according to the mean estimate from 21 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for argenx SE is for earnings of 3 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for argenx SE is $552.50​, below​ its last closing price of $554.47. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

-0.95

-0.98

0.45

Beat

146.1

Mar. 31 2024

-0.89

-0.86

-1.04

Missed

-20.5

Dec. 31 2023

-1.48

-1.64

-1.68

Missed

-2.5​

Sep. 30 2023

-1.52

-1.50

-1.25

Beat

16.6

​​Jun. 30 2023

-1.84

-1.70

-1.69

Beat

0.5

Jan. 1 0001

-0.52

-1.28

-0.52

Beat

59.5​

Dec. 31 2022

-1.85

-2.28

-0.71

Beat

68.8

Jan. 1 0001

-3.18

-3.36

-4.26

Missed

-26.9

This summary was machine generated October 29 at 11:18 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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