Amgen Reports Second Quarter 2017 Financial Results

Go back to Amgen Reports Second Quarter 2017 Financial Results

Amgen (AMGN) PT Raised to $180 at UBS Following Solid 2Q

July 26, 2017 8:34 AM EDT

UBS raised its price target on Amgen (NASDAQ: AMGN) to $180.00 (from $175.00) while maintaining a Neutral rating. 2Q results were better than expectations with a $145M top-line beat. EPS also beat consensus estimates by $0.18.

UBS increased 2017 Enbrel sales estimates to $5.38B from $5B... More

Amgen (AMGN) PT Raised to $174 at Deutsche Bank

July 26, 2017 6:18 AM EDT

Deutsche Bank raised its price target on Amgen (NASDAQ: AMGN) to $174.00 (from $172.00) while maintaining a Hold rating.

Analyst Andrew Peters called the quarter "solid" but said the near term outlook remains challenged.

"While the results beat expectations, we remain cautious on... More

Amgen (AMGN) Tops Q2 EPS by 16c, Lifts FY Guidance

July 25, 2017 4:04 PM EDT

Amgen (NASDAQ: AMGN) reported Q2 EPS of $3.27, $0.16 better than the analyst estimate of $3.11. Revenue for the quarter came in at $5.81 billion versus the consensus estimate of $5.67 billion.

GUIDANCE:

Amgen sees FY2017 EPS of $12.15-$12.65, versus the consensus of $12.49. Amgen sees... More