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Arvinas Q3 2023 Earnings Report

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$18.48 +0.65 (+3.65%)
(As of 12/20/2024 05:15 PM ET)

Arvinas EPS Results

Actual EPS
-$1.18
Consensus EPS
-$1.58
Beat/Miss
Beat by +$0.40
One Year Ago EPS
-$1.24

Arvinas Revenue Results

Actual Revenue
$34.60 million
Expected Revenue
$39.58 million
Beat/Miss
Missed by -$4.98 million
YoY Revenue Growth
+14.20%

Arvinas Announcement Details

Quarter
Q3 2023
Time
Q3 2023 Earnings Release
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Arvinas Earnings Headlines

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Barclays Keeps Their Buy Rating on Arvinas Holding Company (ARVN)
Guggenheim Reiterates "Buy" Rating for Arvinas (NASDAQ:ARVN)
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About Arvinas

Arvinas (NASDAQ:ARVN), a clinical-stage biotechnology company, engages in the discovery, development, and commercialization of therapies to degrade disease-causing proteins. The company engineers proteolysis targeting chimeras (PROTAC) targeted protein degraders that are designed to harness the body's own natural protein disposal system to degrade and remove disease-causing proteins. Its product pipeline includes Bavdegalutamide and ARV-766, investigational orally bioavailable PROTAC protein degraders for the treatment of men with metastatic castration-resistant prostate cancer, which are in Phase 1/2 clinical trials; and ARV-471, an orally bioavailable estrogen receptor degrading PROTAC targeted protein degrader for the treatment of patients with locally advanced or metastatic estrogen receptor+/human epidermal growth factor receptor 2-breast cancer, which is Phase 3 clinical trial. Arvinas, Inc. has collaborations with Pfizer Inc., Genentech, Inc., F. Hoffman-La Roche Ltd., Carrick Therapeutics Limited, and Bayer AG. The company was founded in 2013 and is based in New Haven, Connecticut.

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