Royalty Pharma: Q1 Earnings Snapshot
NEW YORK — NEW YORK — Royalty Pharma (RPRX) on Thursday reported first-quarter earnings of $238 million.
The New York-based company said it had profit of 41 cents per share. Earnings, adjusted for non-recurring costs, were $1.06 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share.
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