Amgen 2019 forecast falls short of expectations, shares dip

Amgen 2019 forecast falls short of expectations, shares dip

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-amgen-results/amgen-2019-forecast-falls-short-of-expectations-shares-dip-idUSKCN1PN2U5

Amgen Inc on Tuesday reported fourth-quarter profit that easily surpassed expectations as sales rose and tax expense fell, but competition for older medicines is growing and the drugmaker forecast 2019 earnings below Wall Street estimates.