Compared to Estimates, MacroGenics (MGNX) Q2 Earnings: A Look at Key Metrics
MGNXMacroGenics(MGNX) ZACKS·2024-08-07 10:30

MacroGenics (MGNX) reported 10.8millioninrevenueforthequarterendedJune2024,representingayear−over−yeardeclineof17.810.8 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 17.8%. EPS of -0.89 for the same period compares to -0.36ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.36 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 24.14 million, representing a surprise of -55.28%. The company delivered an EPS surprise of -89.36%, with the consensus EPS estimate being -$0.47.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...