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Amgen lifts 2026 profit, revenue forecast; shares down

By Reuters News

** Shares of drugmaker Amgen AMGN.O fall 2.2% to $455.60 in extended trading

** Co raises its 2026 annual adjusted profit forecast to $22.90 to $23.70 per share, compared with its prior outlook of $22.30 to $23.50 per share

** Lifts annual revenue forecast to a range of $38.9 billion to $39.7 billion, from $38.2 billion to $39.4 ​billion previously

** Posts third-quarter revenue of $10.4 billion above analysts' estimate ​of $10.1 billion - LSEG data

** Reports adjusted profit per share for the quarter $6.45 vs estimates of $5.79

** As of last close, stock up 40.9% YTD

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