Amgen sales rise, but shares off as investors await obesity data

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Amgen (AMGN) tops profit expectations, revenue rises 5%

October 31, 2023 7:58 AM EDT

Amgen (NASDAQ: AMGN) reported earnings for its latest quarter on Tuesday, topping consensus profit expectations and raising guidance.

The company reported Q3 EPS of $4.96, $0.28 better than the analyst estimate of $4.68, while revenue for the quarter came in at $6.9 billion, up 4% YoY but slightly... More