First Quarter 2023 Business Outlook
The company expects revenue in the first quarter 2023 to be approximately $240 million to $260 million. The Company also estimates the
U.S. indices had a mixed day of trading Tuesday following Monday’s weakness. Major indices were trading lower again as investors weigh continued concerns over COVID-19, the Federal Reserve's upcoming two-day meeting and a sell-off in some Chinese equities.
Xencor (NASDAQ:XNCR) reported quarterly losses of $(0.20) per share which beat the analyst consensus estimate of $(0.79) by 74.68 percent. This is a 116.53 percent decrease over earnings of $1.21 per share from the same