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Home Market Research Business

AstraZeneca beats Q3 estimates on oncology strength (AZN:NASDAQ)

by TheAdviserMagazine
3 months ago
in Business
Reading Time: 2 mins read
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AstraZeneca beats Q3 estimates on oncology strength (AZN:NASDAQ)
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Roland Magnusson/iStock Editorial via Getty Images

AstraZeneca (AZN) posted stronger-than-expected Q3 results, fueled by continued strength in its oncology portfolio. The U.K. drugmaker reported adjusted EPS of $2.38, well above the $1.13 consensus, while revenue rose 11.9% year-over-year to $15.19B, topping estimates by $420M.

Oncology product sales



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