{"id":1924253,"date":"2023-05-04T12:41:55","date_gmt":"2023-05-04T16:41:55","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/regeneron-beats-quarterly-profit-estimates-on-dupixent-strength\/"},"modified":"2023-05-04T12:45:50","modified_gmt":"2023-05-04T16:45:50","slug":"regeneron-beats-quarterly-profit-estimates-on-dupixent-strength","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/regeneron-beats-quarterly-profit-estimates-on-dupixent-strength\/","title":{"rendered":"Regeneron exceeds profit expectations thanks to strong Dupixent sales."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fregeneron-beats-quarterly-profit-estimates-on-dupixent-strength%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1924253&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Regeneron Pharmaceuticals Inc Beats Wall Street Estimates with Strong Demand for Dupixent<\/h2>\n<p>Regeneron Pharmaceuticals Inc has exceeded Wall Street expectations for first-quarter profit, thanks to the high demand for eczema treatment Dupixent. The quarterly sales of Dupixent, which are recorded by Regeneron&#8217;s partner Sanofi, rose by approximately 37% to $2.49 billion. This figure is higher than the $2.38 billion that analysts had predicted, according to an average of six analysts&#8217; estimates polled by Refinitiv.<\/p>\n<h3>Impressive Revenue Figures<\/h3>\n<p>Regeneron&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disney-parks-are-profitable-for-the-first-time-since-covid-began\/\" title=\"Disney Parks Are Profitable For The First Time Since COVID Began\">total revenue<\/a> of $3.16 billion also surpassed expectations of $3 billion in the quarter. Excluding items, the company reported a profit of $10.09 per share, which is above the estimated $9.56.<\/p>\n<h3>Positive Outlook for Regeneron<\/h3>\n<p>These impressive figures are a testament to the success of Regeneron&#8217;s Dupixent treatment. The company&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-york-stock-exchange-filled-with-pride-flags-as-grindr-goes-public\/\" title=\"New York Stock Exchange Filled With Pride Flags As Grindr Goes Public\">strong financial performance<\/a> is expected to continue, with Dupixent&#8217;s sales predicted to rise even further in the coming months.<\/p>\n<h3>Meet the CEOs of Top AI Companies<\/h3>\n<p>In other news, the White House is set to host CEOs of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/analysis-fed-up-with-shrinking-savings-europeans-drain-billions-from-banks\/\" title=\"Analysis-Fed up with shrinking savings, Europeans drain billions from banks\">top artificial intelligence companies<\/a>, including Alphabet Inc&#8217;s Google and more. This event is a testament to the growing importance of AI in the tech industry and beyond.<\/p>\n<h3>Other Top Stories:<\/h3>\n<ul>\n<li>Impact Nano, a Massachusetts-based startup that <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/regeneron-beats-quarterly-profit-estimates-on-dupixent-strength\/\" title=\"Regeneron exceeds profit expectations thanks to strong Dupixent sales.\">makes specialty chemicals<\/a> for the semiconductor industry<\/li>\n<li>Sberbank, Russia&#8217;s dominant lender, has become one of the country&#8217;s leading technology players<\/li>\n<li>France&#8217;s antitrust watchdog has given Facebook-owner Meta two months to change its access rules for ad verification partners<\/li>\n<\/ul>\n<p>Stay up-to-date with the latest news and trends in the tech industry with Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) -Regeneron Pharmaceuticals Inc beat Wall Street estimates for first-quarter profit on Thursday, driven by strong demand for eczema treatment Dupixent. Quarterly sales of Dupixent, recorded by Regeneron\u2019s partner Sanofi, rose about 37% to $2.49 billion. Analysts had expected $2.38 billion, according to an average of 6 analysts\u2019 estimates polled by Refinitiv. Advertisement Regeneron\u2019s total<\/p>\n","protected":false},"author":66,"featured_media":1924254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[25808,16535,8427,7116,25807,5219,5529],"class_list":["post-1924253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-dupixent","tag-exceeds","tag-expectations","tag-profit","tag-regeneron","tag-sales","tag-strong"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1924253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1924253"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1924253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1924254"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1924253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1924253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1924253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}