Incyte (INCY) Lags Q4 Earnings and Revenue Estimates

Incyte (INCY) came out with quarterly earnings of $1.06 per share, missing the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.40%. A quarter ago, it was expected that this specialty drugmaker would post earnings of $1.09 per share when it actually produced earnings of $1.10, delivering a surprise of 0.92%.Over the last four quarters, the compa ...