Biogen Reports 2016 Revenues of $11.4 Billion

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Biogen (BIIB) Tops Q4 EPS by 8c; FY17 Rev Guidance Falls Below the Street

January 26, 2017 6:32 AM EST

Biogen (NASDAQ: BIIB) reported Q4 EPS of $5.04, $0.08 better than the analyst estimate of $4.96. Revenue for the quarter came in at $2.87 billion versus the consensus estimate of $2.94 billion.

GUIDANCE:

Biogen sees FY2017 EPS of $20.45-$21.45, versus the consensus of $21.02. Biogen sees FY2017 revenue of $11.1-11.4 billion, versus the consensus of $12.07 billion.

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