Amgen increases outlook after surprisingly high quarterly profit

Tuesday, 11/02/2021 9:41 PM from


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Scientists doing microscopic examinations. (Symbol picture). © skynesher / E + / Getty Images

THOUSAND OAKS (dpa-AFX) – The US biotech group Amgen (Amgen share) is more optimistic about developments in the current year. Adjusted earnings per share (EPS) should be between $ 16.50 and $ 17.10, the company said on Tuesday after the US market closed. Previously, Amgen had assumed between 16 and 17 dollars (dollar exchange rate). In the third quarter, EPS was up 11 percent year-on-year to $ 4.67. Analysts had only expected $ 4.27.

Sales increased by 4 percent to $ 6.7 billion. That roughly corresponded to the expectations of experts. Falling prices for some drugs were more than offset by strong increases in sales.


Further up?

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