Regeneron Misses Q1 Earnings on Lower-Than-Expected Eylea Sales

Regeneron Misses Q1 Earnings on Lower-Than-Expected Eylea Sales

Source: 
BioSpace
snippet: 

Regeneron Pharmaceuticals reported first-quarter 2024 financial results Thursday that missed consensus Wall Street expectations for earnings and revenue.

Analysts expected Regeneron to earn $10.18 per share and report $3.23 billion in sales in the quarter. However, the company’s Q1 adjusted earnings came in at $9.55 per share with $3.15 billion in sales.