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Stock impact report

UPDATE 1-Regeneron's quarterly profit tops estimates on Eylea sales [Reuters]

Regeneron Pharmaceuticals, Inc. (REGN) 
Last regeneron pharmaceuticals, inc. earnings: 2/6 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.regeneron.com
Company Research Source: Reuters
Regeneron's quarterly profit tops estimates on Eylea sales | Reuters Reuters Staff 1 Min Read (Reuters) - Regeneron Pharmaceuticals Inc reported a better-than-expected quarterly profit on Wednesday, helped by higher sales of its flagship eye treatment Eylea. Eylea, which is used to treat macular degeneration and other eye disorders that cause age-related vision loss, raked in $953 million in U.S. sales in the third quarter ended Sept. 30, beating consensus estimates of $935 million, according to Barclays. Excluding items, Regeneron earned $3.99 per share, above the analysts’ average estimate of $3.85, according to Thomson Reuters I/B/E/S. The U.S. biotechnology company said net income rose to $388.3 million, or $3.32 per share, in the third quarter from $264.8 million, or $2.27 per share, a year earlier. Total revenue, which includes collaboration revenue from partners Sanofi SA and Bayer AG, rose to $1.50 billion from $1.22 billion. Reporting by Akankshita Mukhopadhyay in Bengaluru; Show less Read more
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