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0.000101347927434936 -0.000186480186480184 0.000506739637174391 -0.00111482720178372 -0.0021283064761325 -0.000709435492044119 -0.000101347927434792 -0.00152021891152317
Stock impact report

Regeneron (REGN) Q1 Earnings, Sales Miss on Lower Eylea Sales [Yahoo! Finance]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: Yahoo! Finance
company reported earnings per share (EPS) of $9.55, which missed the Zacks Consensus Estimate of $10.20. The company recorded EPS of $10.09 in the year-ago period. Higher expenses and lower revenues adversely impacted the bottom line. Total revenues declined 1% year over year to $3.14 billion, which also missed the Zacks Consensus Estimate of $3.19 billion. Shares are trading down in response to the dismal results. Regeneron's shares have risen 2.9% year to date against the industry's decline of 8.8%. Image Source: Zacks Investment Research Quarterly Highlights Eylea's sales in the United States declined 16% to $1.2 billion, primarily due to increased competition resulting in lower volumes and a reduced net selling price. Please note that Regeneron co-developed Eylea with the HealthCare unit of Bayer AG BAYRY. Regeneron records net product sales of Eylea in the United States and Bayer does the same outside the country. Regeneron records its share of profits/losses in c Show less Read more
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