Sanofi Q2 EPS $0.95 Misses $1.58 Estimate, Sales $10.86B Miss $11.32B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sanofi (NASDAQ:SNY) reported Q2 earnings of $0.95 per share, missing the analyst consensus estimate of $1.58 by 39.87%. The company also reported quarterly sales of $10.86 billion, missing the analyst consensus estimate of $11.32 billion by 4.06%. However, both earnings and sales saw a slight increase compared to the same period last year.
July 28, 2023 | 6:58 am
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NEGATIVE IMPACT
Sanofi's Q2 earnings and sales fell short of analyst estimates, which could negatively impact investor sentiment and the company's stock price in the short term.
Sanofi's Q2 earnings and sales missed analyst estimates, which could lead to a negative market reaction and a potential decrease in the company's stock price. However, the slight YoY increase in both earnings and sales might mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100