earnings
confidence high
sentiment positive
materiality 0.75
Regeneron Q3 revenue up 11% to $3.72B; GAAP EPS $11.54; Dupixent sales +23%
REGENERON PHARMACEUTICALS, INC.
2024-Q3 EPS reported
$30.23
revenue$10,412,800,000
- Revenue $3.72B (+11% YoY); GAAP net income $1.34B, diluted EPS $11.54 (up 30%).
- Non-GAAP diluted EPS $12.46 (up 8%); includes $0.43 unfavorable IPR&D charge.
- Dupixent global net sales $3.82B (+23%, recorded by Sanofi); EYLEA HD+EYLEA US $1.54B (+3%).
- FDA approved Dupixent for COPD in Sept. 2024; positive Phase 3 data for CSU and bullous pemphigoid.
- FY 2024 guidance updated: GAAP R&D $5.055-5.145B, SG&A $2.93-3.02B; share repurchases $738M in Q3.