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Barchart
Barchart
Neha Panjwani

Amgen Earnings Preview: What to Expect

AMGN

Amgen Inc. (AMGN), headquartered in Thousand Oaks, California, discovers, develops, manufactures, and delivers human therapeutics. With a market cap of $174.4 billion, the company focuses on human therapeutics and concentrates on innovating novel medicines based on cellular and molecular biology. The drug manufacturing giant is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Wednesday, Oct. 30. 

Ahead of the event, analysts expect AMGN to report a profit of $5.10 per share on a diluted basis, up 2.8% from $4.96 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. 

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