Amgen announced earnings per share of $4.25 on revenue of $6.24B. Analysts polled by Investing.com anticipated EPS of $4.12 on revenue of $6.11B.
Amgen shares are down 4% from the beginning of the year and are trading at $239.61 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.22% from the start of the year.
Amgen shares lost 3.69% 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 Thursday, April 14, 2022, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.36 on revenue of $78.73B.
J&J had beat expectations on Tuesday, April 19, 2022 with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.62B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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