Amgen: Q1 Earnings Snapshot
Amgen Inc. (AMGN) on Thursday reported first-quarter net income of $2.84 billion. On a per-share basis, the Thousand Oaks, California-based company said it had profit of $5.28. Earnings, adjusted for non-recurring gains, came to $3.98 per share. The results topped Wall Street expectations. The average estimat
By AP News
Published - Apr 27, 2023, 04:30 PM ET
Last Updated - Apr 15, 2024, 06:04 AM EDT
THOUSAND OAKS, Calif. (AP) — THOUSAND OAKS, Calif. (AP) — Amgen Inc. (AMGN) on Thursday reported first-quarter net income of $2.84 billion.
On a per-share basis, the Thousand Oaks, California-based company said it had profit of $5.28. Earnings, adjusted for non-recurring gains, came to $3.98 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.84 per share.
The world's largest biotech drugmaker posted revenue of $6.11 billion in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $6.15 billion.
