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Amgen (AMGN) Tops Q2 EPS by 14c, Raises FY Guidance

July 30, 2015 4:05 PM

Amgen (NASDAQ: AMGN) reported Q2 EPS of $2.57, $0.14 better than the analyst estimate of $2.43. Revenue for the quarter came in at $5.37 billion versus the consensus estimate of $5.32 billion.

Second Quarter 2015 Product Sales Performance

Total product sales increased 6 percent for the second quarter of 2015 versus the second quarter of 2014. The increase was driven primarily by ENBREL, Prolia, Sensipar, Kyprolis and XGEVA. Growth for the quarter was due to price and higher unit demand.

Amgen sees FY2015 EPS of $9.55-$9.80, versus the consensus of $9.62. Amgen sees FY2015 revenue of $21.1-21.4 billion, versus prior guidance of $20.9-21.3 million and the consensus of $21.17 billion.

For earnings history and earnings-related data on Amgen (AMGN) click here.

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