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AstraZeneca reports Q3 core EPS $2.38, up 12% at CER

Reports Q3 revenue $15.2B, consensus $15.36B. Pascal Soriot, Chief Executive Officer, AstraZeneca (AZN), commenting on the results said: “The strong underlying momentum across our business through the first nine months of the year sets us up well to sustain growth through 2026 and has us on track to deliver our 2030 ambition. Across our pipeline we have announced an unprecedented 16 positive Phase III trials this year, with four since our previous results including high-impact readouts for baxdrostat in hypertension and Enhertu and Datroway in breast cancer. We are also delivering on our strategy to strengthen our operations in the United States to power our growth. This includes a historic agreement with the US government to lower the cost of medicines for American patients, and broadening our US manufacturing footprint having broken ground at our new $4.5bn Virginia manufacturing facility in October.”

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