NEW YORK (AP) 鈥� NEW YORK (AP) 鈥� Royalty Pharma (RPRX) on Wednesday reported first-quarter profit of $295 million.
On a per-share basis, the New York-based company said it had profit of 53 cents. Earnings, adjusted for non-recurring costs, were $1.30 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.
The company posted revenue of $631 million in the period. Its adjusted revenue was $925 million.
Royalty Pharma expects full-year revenue in the range of $3.33 billion to $3.45 billion.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/RPRX
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
