REGN Q3 earnings 11/3 @ 6:30am

Oct 14, 2022

REGN Q3 September 2022 earnings are on 11/3 at 6:30am. Regeneron Pharmaceuticals (REGN) reported Q2 June 2022 earnings of $9.77 per share on revenue of $2.9 billion. The consensus earnings estimate was $8.53 per share on revenue of $2.8 billion. Revenue fell 44.4% compared to the same quarter a year ago. REGN short entry based on its $754 all time high major resistance level which it didn't even break through during the global covid pandemic in 2020. Plus, the nearest support going into earnings on 11/3 is the SMA50 around $663. Any short term pop up is an opportunity to get a higher strike put with a further dated expiry imo.

Q3 September 2022 Consensus:
EPS = $8.77
Revenue = $2.82 B

SMA50 = 663.67
SMA100 = 634.61
SMA150 = 649.19
SMA200 = 641.40

52week high = 754.67
52week low = 538.01

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