Regeneron Reports Second Quarter 2020 Financial and Operating Results

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Regeneron Pharma (REGN) PT Raised to $684 at Cowen

August 6, 2020 8:13 AM EDT

Cowen analyst Yaron Werber raised the price target on Regeneron Pharma (NASDAQ: REGN) to $684.00 (from $584.00) while maintaining a Market Perform rating.

The analyst commented, "Solid Q2 was driven by strong global Dupi and Eylea sales with modest impact of COVID-19. The neutralizing antibody... More

Regeneron (REGN) Tops Q2 EPS by $1.18, Revenues Beat

August 5, 2020 6:39 AM EDT

Regeneron (NASDAQ: REGN) reported Q2 EPS of $7.16, $1.18 better than the analyst estimate of $5.98. Revenue for the quarter came in at $1.95 billion versus the consensus estimate of $1.74 billion.

Second quarter 2020 revenues increased 24% to $1.95 billion versus second quarter 2019(4)
Second quarter 2020 EYLEA® U.S. net sales were $1.11 billion
Second quarter 2020 Dupixent® global net sales(2), which are recorded by Sanofi, were $945 million

Second quarter 2020 GAAP diluted EPS was $7.61 and non-GAAP diluted EPS(1)... More