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Market Impact: 0.35

Amgen (AMGN) Q1 Earnings and Revenues Beat Estimates

AMGN
Corporate EarningsAnalyst EstimatesCompany FundamentalsHealthcare & Biotech

Amgen reported quarterly EPS of $5.15, topping the Zacks Consensus Estimate of $4.73 by $0.42 per share and improving from $4.90 a year ago. The earnings beat points to solid underlying fundamentals for the biotech company, with a modestly positive read-through for the stock.

Analysis

Amgen reported quarterly EPS of $5.15, topping the Zacks Consensus Estimate of $4.73 by $0.42 per share and improving from $4.90 a year ago. The earnings beat points to solid underlying fundamentals for the biotech company, with a modestly positive read-through for the stock.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.45

Ticker Sentiment

AMGN0.70