CAMBRIDGE, Britain (AP) — CAMBRIDGE, Britain (AP) — Astrazeneca PLC (AZN) on Tuesday reported third-quarter earnings of $1.43 billion.
On a per-share basis, the Cambridge, Britain-based company said it had profit of 46 cents. Earnings, adjusted for non-recurring costs, came to $1.04 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.
The pharmaceutical posted revenue of $13.57 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $13.04 billion.
Astrazeneca shares have decreased nearly 4% since the beginning of the year. The stock has climbed 1% in the last 12 months.
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