Viatris Q4 Adjusted EPS $0.62 Misses $0.65 Estimate, Sales $3.83B Miss $3.87B Estimate
Portfolio Pulse from Benzinga Newsdesk
Viatris (NASDAQ:VTRS) reported Q4 earnings of $0.62 per share, missing the consensus estimate of $0.65, and sales of $3.83B, missing the estimate of $3.87B. This represents a decrease from the same period last year.
February 28, 2024 | 11:33 am
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Viatris reported lower-than-expected Q4 earnings and sales, missing analyst estimates and showing a year-over-year decline.
Missing earnings and sales estimates, especially when it represents a year-over-year decline, is typically viewed negatively by the market. This could lead to a short-term decrease in Viatris's stock price as investors adjust their expectations.
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