Exelixis' first-quarter earnings and sales beat estimates as lead drug Cabometyx maintains momentum. The company raises its sales guidance for 2025.
Exelixis, Inc. (NASDAQ:EXEL ) Q1 2025 Earnings Conference Call May 13, 2025 5:00 PM ET Company Participants Susan Hubbard - Executive Vice President, Public Affairs and Investor Relations Michael Morrissey - President and Chief Executive Officer Christopher Senner - Executive Vice President and Chief Financial Officer P.J. Haley - Executive Vice President, Commercial Amy Peterson - Executive Vice President, Product Development and Medical Affairs and Chief Medical Officer Dana Aftab - Executive Vice President, Discovery and Translational Research and Chief Scientific Officer Conference Call Participants Michael Schmidt - Guggenheim Asthika Goonewardene - Truist Sean Laaman - Morgan Stanley Silvan Tuerkcan - Citizens Yaron Werber - TD Cowen Chi Fong - Bank of America Securities Akash Tewari - Jefferies Eva Fortea-Verdejo - Wells Fargo Andy Hsieh - William Blair Eason Lee - Leerink Partners Cheng Li - Oppenheimer Ashwani Verma - UBS Peter Lawson - Barclays Felix Ampomah - Stephens Operator Good day, ladies and gentlemen, and welcome to the Exelixis First Quarter 2025 Financial Results Conference Call.
Although the revenue and EPS for Exelixis (EXEL) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Exelixis (EXEL) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.17 per share a year ago.
Exelixis (EXEL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Beyond analysts' top -and-bottom-line estimates for Exelixis (EXEL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
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Investors will likely focus on the demand for Cabometyx and pipeline updates when EXEL reports Q1 results.
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Exelixis (EXEL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Exelixis (EXEL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.