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Amgen Braces for Rising Expenses Ahead of Q3 Results—Is a Profit Squeeze Looming?

Source: 247wallst.com

Corporate EarningsCorporate Guidance & OutlookCompany Fundamentals
Amgen Braces for Rising Expenses Ahead of Q3 Results—Is a Profit Squeeze Looming?

Amgen is expected to report third-quarter results on Tuesday, November 3, after the close. Its shares are up 41.28% year to date, while management has warned that spending will jump.

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