Investing.com - Amgen (NASDAQ:AMGN) reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Amgen announced earnings per share of $4.36 on revenue of $6.85B. Analysts polled by Investing.com anticipated EPS of $4.07 on revenue of $6.88B.
Amgen shares are down 0% from the beginning of the year and are trading at $224.70 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is down 10.72% from the start of the year.
Amgen shares gained 0.52% in after-hours trade the report.
Amgen follows other major Healthcare sector earnings this month
Amgen's report follows an earnings beat by UnitedHealth on January 19, who reported EPS of $4.48 on revenue of $73.74B, compared to forecasts EPS of $4.3 on revenue of $72.98B.
J&J had beat expectations on January 25 with fourth quarter EPS of $2.13 on revenue of $24.8B, compared to forecast for EPS of $2.12 on revenue of $25.28B.
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