Investing.com - Xencor (NASDAQ:XNCR) Inc reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Xencor Inc announced earnings per share of $-0.55 on revenue of $27.3M. Analysts polled by Investing.com anticipated EPS of $-0.66 on revenue of $22.28M.
Xencor Inc shares are down 5.02% from the beginning of the year, still down 36.26% from its 52 week high of $42.30 set on January 4.
Xencor Inc follows other major Healthcare sector earnings this month
Xencor Inc's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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