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Biogen Idec, Inc. (BIIB) Misses Q2 EPS by 1c, Sales Beat; Guides FY11

July 26, 2011 7:16 AM
Biogen Idec, Inc
. (NASDAQ: BIIB) reported Q2 EPS of $1.36, $0.01 worse than the analyst estimate of $1.37. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.18 billion.

Sees FY11 adj-EPS above $5.70, which compares to the Street estimate of $5.85.

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