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Novo Nordisk Posts 35% Rise In Q3 Profit, Lifts 2012 Forecast

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Novo Nordisk A/S (NYSE: NVO) reported a 35% rise in its third-quarter net profit and lifted its full-year earnings forecast.

Novo Nordisk's quarterly net profit surged to DKK5.67 billion, from DKK4.20 billion, in the year-ago period. However, analysts were expecting a profit of DKK5.27 billion.

Novo Nordisk shares closed at $161.29 yesterday.

Posted-In: profitEarnings News Guidance

 

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