Sales slightly topped the guided range of $23.1-$23.3 billion. Product sales declined 1%. Adjusted earnings for 2019 of $14.82 per share were also above the Zacks Consensus Estimate of $14.63 as well as the guided range of $14.50 -$14.70. Earnings rose 3% year over year. 2020 Outlook Amgen issued its financial guidance for 2020. It expects revenues in the range of $25.0 billion-$25.6 billion, which indicates an increase from 2019 levels. In 2020, Amgen's base business, excluding Otezla, is expected to remain stable over 2019, with the addition of Otezla providing positive sales growth.