By Micah Maidenberg

 

Amgen Inc. (AMGN) on Thursday said it believes it will generate $25 billion to $25.6 billion in revenue for 2020.

It also forecast a profit of $10.85 to $11.65 a share during the year, or $14.85 to $15.60 a share following adjustments.

The company sees capital spending of about $700 million.

 

Write to Micah Maidenberg at micah.maidenberg@wsj.com

 

(END) Dow Jones Newswires

January 30, 2020 16:31 ET (21:31 GMT)

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