Earnings Outlook For Amgen
Portfolio Pulse from Benzinga Insights
Amgen (NASDAQ:AMGN) is set to release its latest quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $4.39. The company's past performance shows it beat EPS estimates last quarter, leading to a 5.45% increase in share price. However, the stock has been down 2.51% over the last 52-week period.
October 30, 2023 | 2:02 pm
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Amgen's upcoming earnings report could impact its stock price. Last quarter's EPS beat led to a 5.45% increase in share price. However, the stock has been down 2.51% over the last 52-week period.
Amgen's stock price could be influenced by its upcoming earnings report. If the company beats the EPS estimate as it did last quarter, the stock price could increase. However, the overall negative trend over the last 52 weeks could also influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100