AstraZeneca Q4 Adj. EPADS $0.72 Misses $0.79 Estimate, Sales $12.02B Miss $12.09B Estimate
Portfolio Pulse from Benzinga Newsdesk
AstraZeneca reported Q4 adjusted earnings per share of $0.72, missing the consensus estimate of $0.79, and sales of $12.02B, slightly below the $12.09B estimate. Despite these misses, both earnings and sales showed growth from the previous year.

February 08, 2024 | 7:27 am
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NEUTRAL IMPACT
AstraZeneca's Q4 earnings and sales missed estimates but showed growth compared to last year.
Although AstraZeneca missed the consensus estimates for both earnings per share and sales, the year-over-year growth in both metrics suggests a positive trajectory. The miss might cause some short-term negative sentiment, but the growth indicates underlying strength. Therefore, the impact on the stock price is likely to be neutral in the short term as investors weigh the miss against the growth.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100