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Earnings Alert: Exelixis is Expected to Beat the Street Consensus When It Reports Earnings (EXEL)

Written on Thu, 07/29/2010 - 5:05am
By Chip Brian

Analysts, on average, expect Exelixis (NASDAQ:EXEL) to report a loss of $0.14 on sales of $62 million on July 30, 2010.
For the full year, analysts expect the company to post a loss of $0.84. In the year-ago period, the company reported a loss of $0.37 on sales of $27 million.
In the previous quarter, the company reported a loss of $0.29, topping consensus estimates for a loss of $0.31.
SmarTrend is bearish on shares of Exelixis and our subscribers were alerted to Sell on May 25, 2010 at $4.93. The stock has fallen 34.9% since the alert was issued.

Keywords: exelixis earnings preview

Ticker(s): EXEL

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