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Amgen Reports EPS In Line; Shares Up 1%

by The TopStock Team

Headline Alert

Earnings Update: Amgen

Amgen (AMGN) reported Q4 EPS of $1.05, which was below the Reuters consensus estimate of $1.12.

The company reported revenue of $3.81 billion, which was also a bit below than the Reuters estimate of $3.85 billion.

Amgen guided the full year 2010 EPS to a range of $5.05-5.25; the Reuters consensus is $5.13. The company guides revenues for the full year to $15.1 billion to $15.5 billion vs Reuters $15.37.

The stock is trading up $0.62, or +1.11% in after hours trading at $56.33.

Disclosure: Mr. Moenning and/or affiliated companies own positions in the following stocks mentioned: none

 

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