earnings
confidence high
sentiment negative
materiality 0.55
Regeneron expects $24M IPR&D charge in Q2 2024, ~$0.18 EPS hit
REGENERON PHARMACEUTICALS, INC.
2024-Q2 EPS reported
$18.68
revenue$6,692,100,000
- Estimated pre-tax acquired IPR&D charge of ~$24 million for Q2 2024.
- Charge expected to negatively impact GAAP and non-GAAP EPS by ~$0.18 per diluted share.
- Charge relates to up-front payments and equity premium on collaboration and licensing deals.
- Results are preliminary and subject to financial close procedures; actual may vary.