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AZN

AstraZeneca

$49.31 /

-0.26 (-0.52%)

07:05
02/14/20
02/14
07:05
02/14/20
07:05

AstraZeneca sees FY20 core EPS to increase by mid- to high-teens percentage

AstraZeneca said, depending on the impact of the Covid-19 epidemic, FY20 total revenue is expected to increase by a high single-digit to a low double-digit percentage and core EPS is expected to increase by a mid- to high-teens percentage. The company now provides guidance on total revenue, comprising Product Sales and Collaboration Revenue, and core EPS. "Prior guidance was on Product Sales and Core EPS. The change to guiding on Total Revenue and Core EPS reflects the changing nature and growing strategic impact of Collaboration Revenue, which will primarily comprise potential income from existing collaborations," the company said. "All guidance assumes an unfavorable impact from China lasting up to a few months as a result of the recent novel coronavirus, or Covid-19, outbreak. The company will monitor closely the development of the epidemic and anticipates providing an update at the time of the Q1 2020 results," the company added.

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AZN AstraZeneca
$49.31 /

-0.26 (-0.52%)

01/27/20 William Blair
PhaseBio could see increase to PB2452 addressable market, says William Blair
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Sanofi downgraded to Hold from Buy at Liberum (earlier)
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Amarin's Vascepa now the 'go-to' after competitor failures, says Roth Capital

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Conference/Events
UBS leisure/travel analyst to hold an analyst/industry conference call » 17:36
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Hot Stocks
Boeing awarded $114.05M Army contract modification » 17:34
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Syndicate
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