AstraZeneca beats profit estimates and maintains outlook

The drugmaker exceeded first-quarter profit expectations and maintained its annual outlook. Strong demand for cancer treatments drove the performance.

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ASTRAZENECA PLC beat first-quarter sales and profit expectations on Wednesday, April 29, while maintaining its full-year 2026 financial outlook. The results reflect sustained demand for oncology treatments and expanded footprints in the United States and China. Investors view the steady guidance as a sign of resilience against geopolitical volatility and shifting global drug pricing policies.

Oncology Demand Drives Quarterly Beat

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