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Stock impact report

REGN Q4 Earnings Beat Estimates, Sales Rise on Eylea HD Growth [Yahoo! Finance]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: Yahoo! Finance
However, the bottom line was down 5% from $12.07 recorded in the year-ago quarter, primarily due to higher expenses. Total revenues grew 3% year over year to $3.9 billion due to higher sales of Eylea HD and increased Dupixent profits. Revenues also beat the Zacks Consensus Estimate of $3.8 billion. However, shares are trading down despite the outperformance, probably due to a decline in bottom line on a year-over-year basis. Regeneron's shares have gained 9.7% in the past year compared with the industry's growth of 15.6%. Image Source: Zacks Investment Research Lead drug, Eylea, is approved for various ophthalmology indications (neovascular age-related macular degeneration, diabetic macular edema and macular edema, among others). Eylea's sales in the United States plunged 52% year over year to $577 million, primarily due to increased competition from other drugs like Roche 's RHHBY Vabysmo, loss in market share to compounded bevacizumab due to patient affordability constra Show less Read more
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