Sales rise 3% in third quarter for AstraZeneca

5 November 2020

On a day in which UK-based drugmaker AstraZeneca (LSE: AZN) announced new European approvals for two of its leading products, the firm also reported a 3% quarterly rise in revenues, to $6.6 billion, just shy of analysts’ expectations.

The firm said the earnings per share (EPS) figure for the quarter was $0.49, following Generally Accepted Accounting Principles (GAAP), while core EPS was $0.94, a 4% fall.

Shares in the company rose nearly 1% in morning trading. Since the start of the year, AstraZeneca has added over 10% to its share price, with investors cheering the firm’s coronavirus vaccine program.

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