HALO Beats Q3 Earnings & Sales Estimates, Raises '24 View, Stock Up [Yahoo! Finance]
Halozyme Therapeutics, Inc. (HALO)
Last halozyme therapeutics, inc. earnings: 2/24 04:02 pm
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Source: Yahoo! Finance
The company had recorded adjusted earnings of 75 cents per share in the year-ago period. Total revenues in the third quarter increased 34% year over year to $290 million. Revenues surpassed the Zacks Consensus Estimate of $248 million. The top line was primarily driven by higher royalty payments from Roche RHHBY for Phesgo and J&J JNJ for subcutaneous Darzalex (daratumumab) as well as an increase in milestone revenues during the quarter. Based on the strong performance so far this year, Halozyme raised its 2024 financial guidance. Shares of Halozyme were up 14.7% in after-hours trading on Oct. 31 owing to the better-than-expected results and the increase in guidance. The stock has rallied 36.8% in the year-to-date period against the industry's decline of 3.6%. Image Source: Zacks Investment Research Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Halozyme's top line comprises product sales, royalties and revenues under collaborative agreements
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HALO
News
- Why Halozyme Therapeutics (HALO) is a Top Growth Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Halozyme Withdraws Proposal to Acquire Evotec Following Evotec's Unwillingness to Engage in DiscussionsPR Newswire
- Here's Why Halozyme Therapeutics (HALO) is a Strong Value Stock [Yahoo! Finance]Yahoo! Finance
- Halozyme Therapeutics, Inc. (NASDAQ: HALO) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $68.00 price target on the stock.MarketBeat
- HALO vs. FOLD: Which Stock Should Value Investors Buy Now? [Yahoo! Finance]Yahoo! Finance
HALO
Earnings
- 10/31/24 - Beat
HALO
Sec Filings
- 11/12/24 - Form SC
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- HALO's page on the SEC website