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Earnings call transcript: Amgen Q1 2026 beats EPS forecast, stock dips

2026-05-17 00:07:06

Abstract generation in progress

Amgen Inc. (AMGN) reported stronger-than-expected earnings for Q1 2026, with EPS of $5.15 against a forecast of $4.80, and revenue slightly exceeding expectations at $8.62 billion. Despite the beat, the stock dipped 2.43% in after-hours trading, influenced by investors weighing updated guidance and market conditions. The company raised its full-year 2026 revenue guidance and discussed strong performance from key growth drivers and advancements in its pipeline, including MariTide and Olpasiran.

AMGN0.69%

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