Published on 30 May 2024 on Zacks via Yahoo Finance
A month has gone by since the last earnings report for Incyte (INCY). Shares have added about 7.5% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Incyte due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
Incyte Q1 Earnings & Revenues Fall Shy of Estimates