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AstraZeneca Earnings, Sales Rise, Beat Forecasts

Provided by Dow Jones

Apr 25, 2024 6:36am

By Helena Smolak

AstraZeneca posted increased first-quarter core earnings per share and sales that beat forecasts.

The Anglo-Swedish pharmaceutical giant said Thursday that its core earnings per share increased to $2.06 from $1.92 the prior-year period.

Total revenue rose 19% to $12.68 billion boosted by product sales and continued growth in Alliance Revenue from partnered medicines.

Analysts expected core earnings per share at $1.92 on sales of $11.84 billion, according to a company-compiled consensus.

AstraZeneca reiterated its full-year guidance.

Write to Helena Smolak at helena.smolak@wsj.com

(END) Dow Jones Newswires

April 25, 2024 02:36 ET (06:36 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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