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MarketWatch MarketPulseMay 06, 2021
Regeneron stock rises, as profit, revenue and sales of SARS-CoV-2 antibody cocktail beat expectations
Shares of Regeneron Pharmaceuticals Inc. rose 0.8% in premarket trading Thursday, after the biotechnology company beat first-quarter profit and revenue expectations, with sales of its REGEN-COV antibody cocktail to the SARS-CoV-2 virus also topping forecasts. Net income rose to $1.12 billion, or $10.09 a share, from $625 million, or $5.43 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share grew to $9.89 from $6.60, beating the FactSet consensus of $8.68. Revenue increased 38% to $2.53 billion, topping the FactSet consensus of $2.50 billion, as REGEN-COV sales of $262 million beat expectations of $254.6 million. For 2021, the company cut its capital expenditures guidance range to $585 million to $650 million from $600 million to $680 million. The stock has lost 3.3% over the past three months through Wednesday, while the iShares Nasdaq Biotechnology ETF has dropped 11.9% and the S&P 500 has gained 7.2%.

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Google Market NewsMay 05, 2021
A day after losing father, T.J. Oshie nets a hat trick in Washington Capitals' emotional 4-2 victory - ESPN
A day after losing father, T.J. Oshie nets a hat trick in Washington Capitals' emotional 4-2 victory  ESPNRangers put NHL official on notice after Tom Wilson verdict: 'He is unfit to continue in his current role'  Fox NewsBrendan Smith Hunts Down Tom Wilson Seconds After Stepping Onto The Ice  SPORTSNETNew York Rangers, Washington Capitals square off with six fights in first period as Tom Wilson controversy carries over  ESPN

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