AstraZeneca Q2 profit beats estimates as cancer drug sales drive growth
AstraZeneca reported Q2 earnings beating estimates, with core EPS rising to $2.63 and revenue reaching $15.38B, driven by strong sales of cancer drugs Enhertu, Imfinzi, and Tagrisso. Despite a disappointing trial for heart disease drug Wainua causing an 8% YTD stock drop, CEO Pascal Soriot reaffirmed FY2026 guidance, expressing confidence in long-term growth and the company's robust pipeline.
