Amgen Sees FY24 Revenue $33B-$33.8B Vs $33.2B Estimate
Portfolio Pulse from Benzinga Newsdesk
Amgen has projected its fiscal year 2024 revenue to be between $33 billion and $33.8 billion, slightly below the analyst estimate of $33.2 billion.
October 30, 2024 | 8:05 pm
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NEGATIVE IMPACT
Amgen's FY24 revenue projection of $33B-$33.8B is slightly below the analyst estimate of $33.2B, which may lead to a neutral to slightly negative short-term impact on its stock price.
Amgen's revenue projection is slightly below the analyst estimate, which could lead to a negative sentiment among investors. However, the range is close to the estimate, so the impact might be limited.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100