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Amgen to report Q3 results after strong Q2 and promising cancer drug study results

Company Fundamentals
27 Oct 2026, 15:22 WIB
Seeking Alpha
View Source
Bullish
Amgen to report Q3 results after strong Q2 and promising cancer drug study results

Amgen Inc. will announce its Q3 earnings on November 3, following a strong Q2 where non-GAAP EPS rose 25.8% to $6.29, driven by biosimilars and key drugs like Blincyto and Repatha. Recently, Amgen reported encouraging results from a lung cancer drug study, boosting investor confidence. The company offers a 2.3% yield and trades at a forward EV/EBITDA of 12.9x, presenting an attractive risk/reward profile for investors.

Amgen shares trade at USD 444.76 on Pluang as of Oct 27, 2026 19:12 WIB, near their 52-week high of USD 447.28. The stock shows a modest 1-day gain of 0.03% and offers a dividend yield of 2.27%. This steady performance complements the upcoming Q3 earnings announcement noted in the news.

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