Xencor (XNCR) Reports Q2 Loss, Beats Revenue Estimates
Xencor reported a second-quarter loss of $0.29 per share, which was narrower than the Zacks Consensus Estimate of a loss of $0.82 and the $0.41 per-share loss reported a year ago. The results beat revenue estimates.
Why it matters — A narrower-than-expected quarterly loss and revenue beat could signal improving financial performance for Xencor investors tracking the company's results.