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Regeneron's Q1 earnings miss expectations, but strong financial health and increased stake ownership provide support.
Regeneron Pharmaceuticals saw a slight increase in stake ownership by Sumitomo Mitsui and KBC Group, despite reporting a lower-than-expected Q1 EPS of $8.22 and a 3.7% drop in revenue to $3.03 billion.
The company's financial health is still strong, with a debt-to-equity ratio of 0.09 and a consensus target price of $822.58, earning a "Moderate Buy" rating from analysts.
Regeneron's key product, EYLEA, treats various eye conditions.
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Las ganancias del primer trimestre de Regeneron no alcanzan las expectativas, pero la sólida salud financiera y el aumento de la propiedad de las participaciones proporcionan apoyo.