Earnings Preview For Novo Nordisk
Portfolio Pulse from Benzinga Insights
Novo Nordisk (NYSE:NVO) is set to release its latest quarterly earnings report on November 2, 2023. Analysts estimate an earnings per share (EPS) of $0.71. The company's past performance shows a mixed trend of beating and missing EPS estimates, which has led to varied stock price changes. The company's shares are currently trading at $96.57, up 70.79% over the last 52-week period.
November 01, 2023 | 6:00 pm
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NEUTRAL IMPACT
Novo Nordisk's upcoming earnings report could impact its stock price. The company's past earnings performance has shown a mixed trend of beating and missing EPS estimates, which has led to varied stock price changes.
Novo Nordisk's stock price has shown to be sensitive to its earnings performance. If the company beats the EPS estimate of $0.71, the stock price could potentially increase. However, if it misses the estimate, the stock price could decrease, as seen in the past. The company's stock price has also shown to be influenced by its guidance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100