Amgen's Third Quarter 2015 Revenues Increased 14 Percent To $5.7 Billion And Adjusted Earnings Per Share (EPS) Increased 18 Percent To $2.72

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Go back to Amgen's Third Quarter 2015 Revenues Increased 14 Percent To $5.7 Billion And Adjusted Earnings Per Share (EPS) Increased 18 Percent To $2.72

Amgen (AMGN) Sees Double-Digit EPS Growth Out to 2018; UBS Raises Price target to $180

October 29, 2015 10:46 AM EDT

UBS reiterated a Buy rating on Amgen (NASDAQ: AMGN), and raised the price target to $180.00 (from $168.00), following the company's 3Q earnings results. AMGN reported a $0.34 EPS beat on another strong quarter of key product growth and cost controls. Management still sees double-digit EPS growth out to 2018.

Analyst Matthew Roden commented, "AMGN reported a $0.34 EPS beat (14% over consensus) on another strong quarter of... More

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

October 28, 2015 4:03 PM EDT

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... More