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Amgen Surpasses Earnings Expectations, Boosts 2025 Guidance

8/6/2025

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Story summary
  • Amgen's Q2 earnings reached $6.02 per share, surpassing expectations with $9.18 billion in sales.
  • Prolia and Enbrel sales fell, but Uplizna surged by 91% to $176 million.
  • The company increased its 2025 earnings guidance to $20.20-$21.30 per share.
  • The drug and biotech sector shows mixed earnings results, with several companies reporting this week.