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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Biogen Inc | NASDAQ:BIIB | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
4.27 | 2.00% | 217.78 | 217.78 | 219.00 | 217.88 | 213.11 | 215.30 | 1,144,156 | 01:00:00 |
By Matt Grossman
Biogen Inc. Thursday raised its full-year revenue forecast Thursday, but held constant its earnings outlook.
The Cambridge, Mass.-based drug maker said it now expects revenue of $10.65 billion to $10.85 billion in 2021. It had previously forecast revenue of $10.45 to $10.75 billion.
Biogen held steady its adjusted earnings forecast, targeting earnings of $17.50 to $19 a share.
Analysts surveyed by FactSet had been forecasting adjusted earnings of $18.50 a share on sales of $10.61 billion.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
July 22, 2021 08:01 ET (12:01 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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