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0.00199176736157224 0.0013278449077147 0.000663922453857352 -0.0010622759261718 -0.00385075023237294 -0.0047802416677732 -0.00756871597397415 -0.00679591023768416
Stock impact report

AstraZeneca encounters a surge in shares as profits exceed expectations, buoyed by demand for cancer drugs [Fortune]

AstraZeneca PLC - American Depositary Shares (AZN) 
Last astrazeneca plc - american depositary shares earnings: 2/5 04:00 pm Check Earnings Report
US:NYSE Investor Relations: astrazeneca.com/investor-relations.html
Company Research Source: Fortune
Earnings per share excluding some items rose 7% to $2.06 in the first quarter, the UK drugmaker said Thursday. Analysts surveyed by Bloomberg expected $1.89 on average. Astra has been on a deal spree, agreeing to buy Fusion Pharmaceuticals Inc. and Amolyt Pharma in March to beef up the flow of drugs it aims to bring to market. The shares rose as much as 6.5% in early London trading, the most in more than 3 years. Tagrisso and Enhertu, which just won new clearances in the US, and the rare-disease drug Ultomiris, helped revenue rise 17% last quarter. “This was the first quarter that both our biopharma business and our oncology business exceeded $5 billion in revenue,” Chief Financial Officer Aradhana Sarin said in a TV interview. “And our rare-disease business was over $2 billion. It's not one or two medicines driving the growth, it's a very broad base.” The drugmaker will discuss its pipeline — including the timing of future treatments and their revenue potential — at an inves Show less Read more
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