AstraZeneca tops quarterly estimates buoyed by cancer drug sales
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Delaware: AstraZeneca on Thursday topped analysts' expectations for third-quarter profit and revenue, helped by sales of its key cancer drugs, and raised its full-year adjusted earnings forecast.
The London-listed drugmaker generated $10.98 billion total revenue for the three months ended Sep. 30 on a constant-currency basis, while core earnings came in at $1.67 cents per share.
Analysts on average were expecting profit of $1.52 cents per share on revenue of around $10.73 billion, based on Refinitiv data.
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