AstraZeneca's Sales Beat, Pipeline Outshines Margin Miss -- Market Talk

Dow Jones
06 Feb

1122 GMT - AstraZeneca's sales beat and key catalysts for 2025 outshine its core operating profit miss, Barclays analysts says in a note. The British pharma giant's oncology drugs beat sales expectations, driven by lung-cancer drug Tagrisso and breast-cancer treatment Lynparza, Barclays says. However, its core operating profit margin missed company-compiled consensus by 30%, they say. "We see AstraZeneca as having the strongest catalyst path in 2025 of any company in our coverage," the analysts say. Shares are up 5.1% at 116.92 pounds. (helena.smolak@wsj.com)

 

(END) Dow Jones Newswires

February 06, 2025 06:22 ET (11:22 GMT)

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