Amgen Q3 Adjusted Earnings, Revenue Rise

MT newswire2026/11/03 20:09

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04:09 PM EST, 11/03/2026 (MT Newswires) -- Amgen (AMGN) reported Q3 adjusted earnings late Tuesday of $6.45 per diluted share, up from $5.64 a year earlier. Analysts polled by FactSet expected $5.79. Revenue in the three months ended Sept. 30 rose to $10.4 billion from $9.56 billion a year earlier. Analysts expected $10.1 billion. The company raised full-year guidance to adjusted EPS of $22.90 to $23.70 on revenue of $38.9 billion to $39.7 billion from the previous forecast of EPS of $22.30 to $23.50 on revenue of $38.2 billion to $39.4 billion. Analysts expect adjusted EPS of $23.06 on revenue of $39 billion.

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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41