Exagen (NYSE:XGN) Releases Earnings Results, Beats Estimates By $0.10 EPS

Exagen (NYSE:XGN) posted its quarterly earnings results on Wednesday. The company reported ($0.27) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.37) by $0.10, MarketWatch Earnings reports.

Shares of NYSE:XGN opened at $12.70 on Thursday. Exagen has a 1 year low of $11.54 and a 1 year high of $29.86. The stock has a fifty day simple moving average of $18.52.

A number of equities research analysts recently issued reports on XGN shares. Zacks Investment Research cut shares of Exagen from a “hold” rating to a “sell” rating in a report on Wednesday, January 1st. Cantor Fitzgerald reiterated a “buy” rating and issued a $25.00 price objective on shares of Exagen in a report on Monday, March 2nd.

About Exagen

Exagen Inc operates as a commercial-stage diagnostics company, develops and markets products for the diagnosis, prognosis, and monitoring of patients affected by autoimmune rheumatic diseases (ARDs). Its lead product includes Avise SLE+CT, a proprietary diagnostic test that provides an enhanced solution for patients with a range of ARDs, such as systemic lupus erythematosus (SLE), rheumatoid arthritis (RA), Sjögren's syndrome, and scleroderma, as well as other disorders, including fibromyalgia.

Read More: How to calculate the intrinsic value of a stock

Receive News & Ratings for Exagen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exagen and related companies with MarketBeat.com's FREE daily email newsletter.