Allergan beat estimates by 24 cents a share, with adjusted quarterly profit of $3.79 per share. Revenue also exceeded Wall Street forecasts, helped by sales growth for existing products like Botox and Juviderm. The company also raised its full-year forecast amid what it calls a rapidly progressing product pipeline.The European drugmaker earned an adjusted $1.94 per share for its first quarter, 24 cents a share above consensus forecasts.
The company also raised its full-year forecast.Regeneron reported adjusted quarterly profit of $4.45 per share, short of the $5.46 a share consensus estimates. The drugmaker's revenue also missed forecasts, hurt by a surge in expenses.Ferrari reported a 22% jump in net profit during the first quarter from a year earlier, helped by sales growth for its Portofino sports car line.The food services company missed estimates by 4 cents a share, with adjusted quarterly profit of 45 cents per share.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
👌 🇺🇸 nice 📷 🚹nyse
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves premarket: Kraft Heinz, IBM, CBS, Tesla, Boeing & moreThese are the stocks posting the largest moves before the bell. Why doesn't cnbc report on the $2 billion that FCA is paying Tesla to pool cars?
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: 3M, Tesla, Caterpillar, Starbucks, Boeing & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Boeing, Wynn Resorts, CVS, Apple, Estee Lauder & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Boeing, Tesla, CBS, Amazon, Marriott & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks with the biggest moves after hours: Avid, AIG and moreSee which stocks posted big moves after the bell on Monday, May 6.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Alphabet, GE, McDonald's,Texas Roadhouse & moreCheck out the companies making headlines midday Tuesday...
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Activision Blizzard, Dish Network, Tesla & moreThese are the stocks posting the largest moves midday Friday.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: Apple, AMD, Mondelez and moreStocks making the biggest moves after hours: Apple, AMD, Mondelez & more MAGA
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Beyond Meat, Tesla, Eventbrite & moreThese are the stocks posting the largest moves midday Thursday. Bubble? oh hello.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Bausch Health, Anadarko Petroleum, Nvidia & moreThese are the stocks posting the largest moves midday Monday.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Apple, CVS Health, Clorox & moreThese are the stocks posting the largest moves midday Wednesday. My predictions Facebook FB stock rises to 245.00 a share by year end. I have been right thus far. Love that stock.
Source: CNBC - 🏆 12. / 72 Read more »