Amgen: Q4 Earnings Snapshot
Amgen Inc. (AMGN) on Tuesday reported fourth-quarter earnings of $1.62 billion. On a per-share basis, the Thousand Oaks, California-based company said it had profit of $3. Earnings, adjusted for non-recurring costs, came to $4.09 per share. The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.04 per share
By AP News
Published - Jan 31, 2023, 04:21 PM ET
Last Updated - Apr 10, 2024, 09:11 AM EDT
THOUSAND OAKS, Calif. (AP) _ Amgen Inc. (AMGN) on Tuesday reported fourth-quarter earnings of $1.62 billion.
On a per-share basis, the Thousand Oaks, California-based company said it had profit of $3. Earnings, adjusted for non-recurring costs, came to $4.09 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.04 per share.
The world's largest biotech drugmaker posted revenue of $6.84 billion in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $6.74 billion.
