Recap: Rigel Pharmaceuticals Q4 Earnings

Rigel Pharmaceuticals (NASDAQ:RIGL) reported its Q4 earnings results on Tuesday, March 1, 2022 at 04:01 PM. Here's what investors need to know about the announcement.

Rigel Pharmaceuticals (NASDAQ:RIGL) reported its Q4 earnings results on Tuesday, March 1, 2022 at 04:01 PM.

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

Earnings

Rigel Pharmaceuticals beat estimated earnings by 15.38%, reporting an EPS of $-0.11 versus an estimate of $-0.13.

Revenue was up $1.96 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 2.52% drop in the share price the next day.

Here’s a look at Rigel Pharmaceuticals’s past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate -0.10 -0.11   -0.11
EPS Actual -0.12 -0.08 0.22 -0.11
Revenue Estimate 23.56M 20.37M 31.05M 18.10M
Revenue Actual 21.54M 26.27M 81.02M 18.45M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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