Wyeth Q1 EPS 0.92 usd vs 0.82 usd, revenue up 11 pct to 5.4 bln usd |
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Thu, 19 Apr 2007 12:19
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LONDON (Thomson Financial) - Wyeth reported first-quarter earnings per share of 0.94 usd, up from 0.84 usd in the first quarter of 2006 and beating analyst expectations of 0.87 usd.The company said worldwide revenue rose 11 pct to 5.369 bln usd in the first quarter of the year compared with the first quarter of 2006. Analysts surveyed by Thomson Financial had predicted revenue of 5.21 bln usd.It added net income rose to 1.254 bln usd in the first quarter, an increase of 12 pct from 1.120 bln in the quarter of last year.Wyeth said sales of depression drug Effexor fell 6 pct to 891 mln usd, while sales of vaccination Prevnar rose 43 pct to 617 mln usd.tf.TFN-Europe_newsdesk@thomson.comms1COPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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Wyeth up on completing Japan unit buyout 