Royalty Pharma: Q3 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Royalty Pharma (RPRX) on Wednesday reported third-quarter earnings of $145 million.

The New York-based company said it had profit of 26 cents per share. Earnings, adjusted for non-recurring costs, were $1.21 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.

The company posted revenue of $690 million in the period. Its adjusted revenue was $890 million.

Royalty Pharma expects full-year revenue in the range of $3.5 billion to $3.55 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RPRX at https://www.zacks.com/ap/RPRX