Investing.com – Amgen (NASDAQ:) reported on Tuesday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.
Amgen announced earnings per share of $3.81 on revenue of $6.63B. Analysts polled by Investing.com anticipated EPS of $3.39 on revenue of $6.58B.
Amgen shares are up 3% from the beginning of the year, still down 13.18% from its 52 week high of $276.69 set on January 28. They are outperforming the S&P 500 which is up 1.83% from the start of the year.
Amgen shares lost 2.59% in after-hours trade following the report.
Amgen follows other major Healthcare sector earnings this month
Amgen’s report follows an earnings beat by J&J on January 26, who reported EPS of $1.86 on revenue of $22.48B, compared to forecasts EPS of $1.82 on revenue of $21.66B.
Abbott Labs had beat expectations on January 27 with fourth quarter EPS of $1.45 on revenue of $10.7B, compared to forecast for EPS of $1.35 on revenue of $9.94B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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