EXEL Tops Q4 Earnings and Sales, Cabometyx Label Expansion in Focus

Exelixis, Inc. (EXEL) reported better-than-expected fourth-quarter results.EXEL recorded earnings of 55 cents per share, which beat the Zacks Consensus Estimate of 51 cents. The company registered adjusted earnings of 33 cents per share in the year-ago quarter. The outperformance was mainly driven by higher revenues.Including stock-based compensation expense, earnings were 48 cents per share in the reported quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Net revenues were $566 ...