What Is In The Cards For Amgen ($AMGN) Q3 2024 Earnings?

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Get ready to discover the eagerly anticipated third quarter financial results of Amgen (NASDAQ: AMGN) on Wednesday 30th October 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.

Wall Street financial experts forecast that the concern is set to announce an expected $5.11 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $8.52 billion for this particular period.

Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $33.21 billion. Additionally, they anticipate the earnings per share to reach profit of $19.49 during the fiscal year.

The per-share income of $4.96 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $6.9 billion recorded during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $4.97 -0.6% 8.39 B +20.1%
Q1 2024 $3.96 -0.5% 7.45 B +22.0%
Q4 2023 $4.71 +15.2% 8.20 B +19.8%
Q3 2023 $4.96 +5.5% 6.90 B +3.8%
Q2 2023 $5.00 +7.5% 6.99 B +5.9%
*Growth on year-over-year basis

 

AMGN will host a conference call with investment community on 30th October 2024 at 04:30 PM eastern time to discuss the financial results.

Amgen (AMGN) shares traded as low as $315.90 and as high as $320.14 on a day volume of 1.82 million shares, closed Monday's regular trading session at $317.17, a gain of 0.06 percent.