Amgen Inc. (AMGN) reported first quarter adjusted EPS of $1.96 after the bell Tuesday, up from $1.61 in the previous year. The consensus estimate was for EPS of $1.84. Full year 2013 adjusted EPS is expected to be above the midpoint of the guidance range of $7.05 to $7.35 per share. The consensus estimate is for EPS of $7.21. The stock is now down 5.79 on 92K shares.
Amgen traded to the downside during the first half of the morning Tuesday and closed lower by 0.66 at $112.76. The stock pulled back slightly from the highs of the year.
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