Amgen 2019 forecast falls short of expectations, shares dip

Amgen 2019 forecast falls short of expectations, shares dip

5 years ago
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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.

Amgen 2019 forecast falls short of expectations, shares dip

Jan 29, 2019, 10:41pm UTC
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.