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Celgene (CELG) Reports Solid Q2 Results; Raises FY10 Sales Outlook

July 29, 2010 7:32 AM EDT
CELG Hot Sheet
EPS Growth %: +30.1%

Financial Fact:
Income before income taxes: 474M

Today's EPS Names:
TARO, BRLI, TLB, More
Celgene (Nasdaq: CELG) reports Q2 EPS of $0.69, ex-items, 3 cents better than the analyst estimate of $0.66. Revenue for the quarter was $850.4 million, which compares to the estimate of $820.42 million.

Raises its FY10 sales guidance from $3.3-$3.4 billion to $3.4-$3.45 billion, which compares to the Street estimate of $3.36 billion.

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