Regeneron (REGN) jumps on robust Q4 earnings

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Regeneron beats fourth-quarter revenue estimates

February 2, 2024 6:49 AM EST

(Reuters) -Regeneron beat Wall Street estimates for fourth-quarter revenue on Friday as sales of its blockbuster eye drug Eylea met drugmaker's preliminary estimates target.

Eylea sales were $1.46 billion, including $123 million from the higher dose version of the drug, in line with the company's previously laid out targets in January.

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Regeneron (REGN) Tops Q4 EPS by 109c

February 2, 2024 6:34 AM EST

Regeneron (NASDAQ: REGN) reported Q4 EPS of $11.86, $1.09 better than the analyst estimate of $10.77. Revenue for the quarter came in at $3.43 billion versus the consensus estimate of $3.3 billion.

For earnings history and earnings-related data on Regeneron (REGN) click here.

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