Earnings And GuidanceAstraZeneca's guidance has been upgraded to 'high-teens' growth for both revenues and core EPS, reflecting increased confidence in achieving sales-based milestones.
Financial PerformanceSales and revenue grew 21% in the quarter, not showing any slowdown, while operating expenses and more particularly SG&A costs increased at a lower pace.
Growth OutlookAnalysts believe investors are under-appreciating AstraZeneca's long-term prospects, suggesting a potential for growth.