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7 Explosive Growth Stocks Set to Soar in 2024
Investor Place· 2024-07-25 21:17
Wall Street has rewarded certain growth stocks handsomely this year. I believe now may be an opportune time to buy some of these high-flyers, even after the recent tech selloff. Most of the stocks I’ll be discussing today are outside the tech sector. I think they have a great chance to continue their upward trajectory.These companies boast impressive top-line growth metrics. Their stocks have also demonstrated remarkable consistency over time. If they keep executing as they historically have, I expect explo ...
AstraZeneca(AZN) - 2024 Q2 - Earnings Call Transcript
2024-07-25 16:25
AstraZeneca PLC (NASDAQ:AZN) Q2 2024 Earnings Conference Call July 25, 2024 6:45 AM ET Company Participants Andy Barnett - Head, IR Pascal Soriot - Executive Director & CEO Aradhana Sarin - Executive Director & CFO David Fredrickson - EVP, Oncology Business Susan Galbraith - EVP, Oncology Research and Development Ruud Dobber - EVP & President, BioPharmaceuticals Sharon Barr - EVP, BioPharmaceuticals Research and Development Marc Dunoyer - CEO, Alexion and Chief Strategy Officer, AstraZeneca Dave Fredrickson ...
Govt body's procedures means people with cancer aren't getting drug - AstraZeneca boss
Sky News· 2024-07-25 15:56
The chief executive of AstraZeneca has criticised a public health body for refusing to make one of its breast cancer treatments available to NHS patients in England and Wales.The National Institute for Health and Care Excellence (NICE) decided in March this year that patients should be denied access to Enhertu because it said the drug did not provide value for money. Money blog:' Major boost' for borrowers as two banks cut mortgage ratesBut Sir Pascal Soriot said he was disappointed at the decision - which ...
Why AstraZeneca Stock Is Sliding Today
The Motley Fool· 2024-07-25 15:48
The British drugmaker's Q2 results were good, but seemingly not good enough for many investors.Shares of AstraZeneca (AZN -2.70%) were sliding 3.2% lower as of 10:57 a.m. ET on Thursday. The decline came after the British drugmaker announced its second-quarter results.AstraZeneca reported total revenue in Q2 of $12.9 billion, up 13% year over year. This result topped the average analysts' revenue estimate of $12.6 billion.The company posted earnings per share (EPS) of $1.24, a 6% year-over-year increase. It ...
Astrazeneca (AZN) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-07-25 14:35
For the quarter ended June 2024, Astrazeneca (AZN) reported revenue of $12.94 billion, up 13.3% over the same period last year. EPS came in at $0.99, compared to $1.08 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $12.48 billion, representing a surprise of +3.70%. The company delivered an EPS surprise of +3.13%, with the consensus EPS estimate being $0.96.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...
AstraZeneca (AZN) Beats on Q2 Earnings & Sales, Ups '24 View
ZACKS· 2024-07-25 14:06
AstraZeneca’s (AZN) second-quarter 2024 core earnings of 99 cents per American depositary share (ADS) beat the Zacks Consensus Estimate of 96 cents. Core earnings of $1.98 per share fell 8% year over year on a reported basis and 3% at constant exchange rates (CER).Total revenues of $12.94 billion rose 13% on a reported basis and 17% at CER, driven by rising product sales and continued growth in Alliance revenues from partnered medicines. Revenues also beat the Zacks Consensus Estimate of $12.48 billion.All ...
AstraZeneca(AZN) - 2024 Q2 - Quarterly Results
2024-07-25 13:06
FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of July 2024 Commission File Number: 001-11960 AstraZeneca PLC 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, CB2 0AA England Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐ Indicate by check mark if the registrant is sub ...
AstraZeneca Posts Earnings Beat, Lifts Guidance on Strong Sales
Investopedia· 2024-07-25 13:01
Key TakeawaysAstraZeneca's second-quarter earnings beat expectations Thursday, and the drugmaker also lifted its guidance.Like its COVID-19 vaccine manufacturing colleagues Pfizer and Johnson & Johnson, AstraZeneca's revenue from vaccines fell year-over-year.During the quarter, the company said at its annual investor day that it believes the drugs in its development pipeline can boost revenue to $80 billion annually by 2030, compared to $45 billion in 2023. AstraZeneca (AZN) posted better-than-expected resu ...
Pinetree Therapeutics Announces Exclusive Option and Global License Agreement for Preclinical EGFR Degrader Candidate with AstraZeneca
Prnewswire· 2024-07-23 15:17
Pinetree to receive up to $45 million in upfront and near-term payments, with a total deal value of over $500 million including potential additional development and commercial milestone payments CAMBRIDGE, Mass., July 23, 2024 /PRNewswire/ -- Pinetree Therapeutics, Inc. ("Pinetree" or the "Company"), a biotechnology company pioneering next generation targeted protein degraders (TPD) to combat drug resistance in oncology and beyond, today announced it has entered into an exclusive option and global license a ...
Is AstraZeneca (AZN) a Portfolio Must-Have Pre-Q2 Earnings?
ZACKS· 2024-07-22 15:50
AstraZeneca (AZN) will report its second-quarter earnings on Jul 25, before market open. The Zacks Consensus Estimate for sales and earnings is pegged at $12.57 billion and 96 cents per share, respectively. Earnings estimates for AstraZeneca have risen from $4.04 per share to $4.05 per share for 2024 and from $4.67 per share to $4.69 per share for 2025 over the past 30 days.Image Source: Zacks Investment ResearchEarnings Surprise HistoryThe healthcare bellwether’s performance has been mixed, with the compan ...