Novartis: Q4 Earnings Insights


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Shares of Novartis (NYSE:NVS) decreased 3.8% in pre-market trading after the company reported Q4 results.

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Quarterly Results

Earnings per share increased 1.52% over the past year to $1.34, which missed the estimate of $1.36.

Revenue of $12,770,000,000 rose by 2.96% year over year, which missed the estimate of $12,870,000,000.

Guidance

Novartis hasn't issued any earnings guidance for the time being.

Novartis hasn't issued any revenue guidance for the time being.


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Details Of The Call

Date: Jan 26, 2021

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/g655yyy5

Price Action

52-week high: $99.84

Company's 52-week low was at $69.18

Price action over last quarter: Up 20.93%

Company Profile

Novartis AG develops and manufactures healthcare products through two segments: Innovative Medicines and Sandoz. It generates the vast majority of its revenue from Innovative Medicines segment consisting global business franchises in oncology, ophthalmology, neuroscience, immunology, respiratory, cardio-metabolic, and established medicines. The company sells its products globally, with the United States representing close to one third of total revenue.


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EarningsNewsBZI-Recaps