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Moderna Beats Earnings Estimates. The Stock Is Up.

Moderna beat earnings estimates Thursday and announced a $3 billion share buyback.

Moderna Thursday reported revenues for the fourth quarter of 2021 of $7.2 billion, beating the FactSet consensus estimate of $6.8 billion, and diluted earnings of $11.29 per share, beating the FactSet consensus estimates of $9.96 per share.

On an investor call,…

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