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Amgen (AMGN) Tops Q3 EPS by 35c; Raises Outlook

October 28, 2015 4:03 PM

Amgen (NASDAQ: AMGN) reported Q3 EPS of $2.72, $0.35 better than the analyst estimate of $2.37. Revenue for the quarter came in at $5.7 billion versus the consensus estimate of $5.32 billion.

Amgen sees FY2015 EPS of $9.95-$10.10, versus the consensus of $9.75. Amgen sees FY2015 revenue of $21.4-21.6 billion, versus the consensus of $21.25 billion.

Amgen sees FY2016 EPS of $10.35-$10.75, versus the consensus of $10.73. Amgen sees FY2016 revenue of $21.7-$22.3 billion, versus the consensus of $22.12 billion.

"We delivered record revenues, adjusted earnings and cash flow in the third quarter, while improving our operating margins and investing in six exciting new product launches," said Robert A. Bradway, chairman and chief executive officer. "With several innovative medicines still in development, we are well on the way to achieving our long-term objectives for shareholders and patients alike."

Third Quarter 2015 Product Sales Performance

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

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