Amgen(AMGN)
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Amgen Q3 Earnings Beat, Sales In Line, Obesity Candidate in Focus
ZACKS· 2024-10-31 12:46
Amgen (AMGN) reported third-quarter 2024 adjusted earnings of $5.58 per share, which beat the Zacks Consensus Estimate of $5.11. Earnings rose 13% year over year as higher revenues offset the impact of higher operating costs and interest expenses.Total revenues of $8.51 billion came in line with the Zacks Consensus Estimate. Total revenues rose 23% year over year.Total product revenues increased 24% from the year-ago quarter to $8.15 billion. Higher volumes were partially offset by lower selling prices of s ...
Amgen(AMGN) - 2024 Q3 - Earnings Call Transcript
2024-10-31 02:40
Amgen Inc. (NASDAQ:AMGN) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Justin Claeys - VP, IR Robert Bradway - Chairman, CEO & President Murdo Gordon - EVP, Global Commercial Operations Vikram Karnani - EVP & President, Global Commercial Operations & Medical Affairs (Rare Disease) James Bradner - EVP, Research and Development & Chief Scientific Officer Peter Griffith - EVP & CFO Conference Call Participants Salveen Richter - Goldman Sachs Olivia Brayer - Cantor Fitzgerald ...
Amgen(AMGN) - 2024 Q3 - Earnings Call Presentation
2024-10-31 02:38
Q3 '24 Earnings Call October 30, 2024 Safe Harbor Statement This presentation contains forward-looking statements that are based on the current expectations and beliefs of Amgen. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including any statements on the outcome, benefits and synergies of collaborations, or potential collaborations, with any other company (including BeiGene, Ltd. or Kyowa Kirin Co., Ltd.), the performance of Otezl ...
Amgen(AMGN) - 2024 Q3 - Quarterly Report
2024-10-30 22:43
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q or (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-37702 Amgen Inc. (Exact name of registrant as specified in its charter) Delaware 95-3540776 (State or other jurisdiction of incorporation or organization)(I. ...
Compared to Estimates, Amgen (AMGN) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-30 22:31
For the quarter ended September 2024, Amgen (AMGN) reported revenue of $8.5 billion, up 23.2% over the same period last year. EPS came in at $5.58, compared to $4.96 in the year-ago quarter.The reported revenue represents a surprise of -0.04% over the Zacks Consensus Estimate of $8.51 billion. With the consensus EPS estimate being $5.11, the EPS surprise was +9.20%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their nex ...
Amgen (AMGN) Beats Q3 Earnings Estimates
ZACKS· 2024-10-30 22:16
Amgen (AMGN) came out with quarterly earnings of $5.58 per share, beating the Zacks Consensus Estimate of $5.11 per share. This compares to earnings of $4.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.20%. A quarter ago, it was expected that this world's largest biotech drugmaker would post earnings of $4.93 per share when it actually produced earnings of $4.97, delivering a surprise of 0.81%.Over the last four quarters ...
Amgen(AMGN) - 2024 Q3 - Quarterly Results
2024-10-30 20:06
Exhibit 99.1 One Amgen Center Drive Thousand Oaks, CA 91320-1799 | --- | --- | |--------------|----------------------------------------| | | | | News Release | Telephone 805-447-1000 www.amgen.com | AMGEN REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS THOUSAND OAKS, Calif. (Oct. 30, 2024) - Amgen (NASDAQ:AMGN) today announced financial results for the third quarter of 2024. "Strong growth in sales and earnings this quarter reflects the momentum we're building throughout our business. We continue to invest hea ...
AMGEN REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS
Prnewswire· 2024-10-30 20:01
THOUSAND OAKS, Calif., Oct. 30, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced financial results for the third quarter of 2024. "Strong growth in sales and earnings this quarter reflects the momentum we're building throughout our business. We continue to invest heavily in our rapidly advancing pipeline, with a focus on delivering innovative therapies across our core therapeutic areas," said Robert A. Bradway, chairman and chief executive officer. Key results include: For the third quarter, total r ...
2 Reliable Dividend Stocks You Can Buy and Hold Forever
The Motley Fool· 2024-10-26 08:30
There are reasons beyond the dividends to invest in these stocks.Everyone loves the concept of passive income. Nothing beats getting paid without lifting a finger. Dividends can be a great source of passive income, but those who decide to reinvest the payouts are engaging in what might be called passive investing. It's a compelling strategy: Strategically reinvesting dividends improves long-term returns. Just check the performance of the S&P 500 since 2000, without and with dividends reinvested. Choosing a ...
AMGEN ANNOUNCES 2024 FOURTH QUARTER DIVIDEND
Prnewswire· 2024-10-25 20:00
THOUSAND OAKS, Calif., Oct. 25, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced that its Board of Directors declared a $2.25 per share dividend for the fourth quarter of 2024. The dividend will be paid on December 9, 2024, to all stockholders of record as of the close of business on November 18, 2024. About Amgen Amgen discovers, develops, manufactures and delivers innovative medicines to help millions of patients in their fight against some of the world's toughest diseases. More than 40 years ago, ...