Novartis Q2 EPS $1.83 Beats $1.66 Estimate, Sales $13.62B Beat $13.17B Estimate
Portfolio Pulse from Benzinga Newsdesk
Novartis (NYSE:NVS) reported Q2 earnings of $1.83 per share, beating the analyst consensus estimate of $1.66 by 10.24%. This is a 17.31% increase from the same period last year. The company also reported quarterly sales of $13.62 billion, beating the analyst consensus estimate of $13.17 billion by 3.42%. This is a 6.56% increase from the same period last year.
July 18, 2023 | 6:03 am
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Novartis reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Novartis reported higher than expected earnings and sales for Q2, which is typically a positive signal for investors and could lead to an increase in the stock price.
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