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-0.00217450394128835 -0.0041451481380809 -0.0106686599619461 -0.0038053818972547 0.0237836368578418 0.0263658602881219 0.0078825767871704 0.00910573525414517
Stock impact report

Celgene stock rises after Q3 profit, revenue beats [MarketWatch]

CELGENE (CELG) 
Last celgene earnings: 10/31 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.celgene.com
Company Research Source: MarketWatch
Celgene stock rises after Q3 profit, revenue beats Celgene Corp. CELG, -1.71% shares rose 2% in Thursday premarket trade after the company reported third-quarter profit and revenue beats. Earnings for the latest quarter rose to $1.08 billion, or $1.50 per share, from $988 million, or $1.21 per share in the year-earlier period. Adjusted earnings-per-share were $2.29, beating the FactSet consensus of $2.24. Revenue rose to $3.89 billion from $3.29 billion, above the FactSet consensus of $3.85 billion. Revlimid and Pomalyst sales came in below the FactSet consensus, while Otezla and Abraxane sales beat. Celgene now expects 2018 revenue of $15.2 billion, up from previous estimates of $15 billion, reflecting higher projected Otezla sales. The company also decreased its 2018 EPS guidance from a range of $5.95 to $6.25 to a range of $5.25 to $5.75. Company shares have dropped 14.8% over the last three months, compared with a 6.7% decline in the S&P 500 SPX, +0.71% and a 3.3% decline in Show less Read more
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