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Arvinas: Q4 Earnings Insights

Author: Benzinga Insights | February 27, 2024 09:50am

Arvinas (NASDAQ:ARVN) reported its Q4 earnings results on Tuesday, February 27, 2024 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Arvinas missed estimated earnings by -98.0%, reporting an EPS of $-2.53 versus an estimate of $-1.28.

Revenue was down $81.10 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.39 which was followed by a 7.000000000000001% drop in the share price the next day.

Here's a look at Arvinas's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -1.57 -1.65 -1.51 -1.22
EPS Actual -1.18 -1.25 -1.54 -1.56
Revenue Estimate 40.51M 29.40M 27.71M 28.46M
Revenue Actual 34.60M 54.50M 32.50M 38.00M

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for Arvinas visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: ARVN

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