GSK Expects 2024 Core Operating Profit To Increase Between 9% To 11% Versus Prior Guidance Of Increase Between 7% To 10%
Portfolio Pulse from Benzinga Newsdesk
GSK has updated its 2024 core operating profit forecast, now expecting an increase of 9% to 11%, up from the previously guided range of 7% to 10%.
May 01, 2024 | 9:33 am
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GSK has raised its 2024 core operating profit growth expectations to 9%-11%, indicating a more optimistic financial outlook than previously announced.
Raising the core operating profit forecast suggests that GSK is experiencing better than expected financial health and operational efficiency. This positive adjustment is likely to instill confidence among investors, potentially leading to a short-term uptick in GSK's stock price as the market reacts to the improved financial outlook.
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