WILMINGTON, Del. (AP) _ Incyte Corp. (INCY) on Tuesday reported a first-quarter loss of $720.6 million, after reporting a profit in the same period a year earlier.

The Wilmington, Delaware-based company said it had a loss of $3.33 per share. Losses, adjusted for one-time gains and costs, came to $2.86 per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The specialty drugmaker posted revenue of $568.5 million in the period, which beat Street forecasts. Six analysts surveyed by Zacks expected $546.5 million.

Incyte shares have risen 16% since the beginning of the year. The stock has risen 25% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INCY at https://www.zacks.com/ap/INCY

Automated Insights, source Associated Press News