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Biotech / Medical : Regeneron Pharmaceuticals
REGN 674.95+3.1%3:59 PM EST
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To: Miljenko Zuanic who wrote (2919)4/27/2020 10:01:02 AM
From: DewDiligence_on_SI1 Recommendation

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CuttingEdge Bio

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Somehow, regn always report 10-20m over [Bayer's] numbers.
The discrepancy stems is from the timing of FX conversions. Converting the full quarter’s sales from euros to dollars at the end of the quarter yields a different result than converting FX continuously throughout the quarter.
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