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-0.000321055396649389 -0.000175121125445106 0.000554550230576142 0.00164905726460801 0.000233494833926753 -0.00131340844083821 -0.00487420465822198 -0.00361916992586542
Stock impact report

Amgen Set to Report Q4 Earnings: What Investors Should Know [Yahoo! Finance]

Amgen Inc. (AMGN) 
Last amgen inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.amgen.com
Company Research Source: Yahoo! Finance
In the last reported quarter, the company's earnings beat expectations by 12.8%. The Zacks Consensus Estimate for fourth-quarter sales and earnings is pegged at $9.46 billion and $4.74 per share, respectively. Amgen's product sales are expected to have been driven by strong volume growth of products like Evenity, Repatha and Blincyto, among others. However, prices of most products are expected to have declined due to higher rebates to support expanded access. Revenues in the third quarter benefited from some one-time items, like $250 million from favorable changes to U.S. estimated sales deductions and a government order for Nplate of $90 million. These benefits are likely to have been absent in the fourth quarter. The Zacks Consensus Estimate for Evenity, Repatha and Blincyto sales is pegged at $559.0 million, $798.0 million and $434.0 million, respectively. Newer drugs like Imdelltra, Tavneos and Tezspire are expected to have contributed to top-line growth driven by new pati Show less Read more
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