Viatris Q1 2024 GAAP EPS $0.67, Inline, Sales $3.663B Miss $3.691B Estimate
Portfolio Pulse from Benzinga Newsdesk
Viatris (NASDAQ:VTRS) reported Q1 2024 earnings of $0.67 per share, meeting analyst estimates but marking a 12.99% decrease from the previous year. Sales were $3.663B, missing estimates by 0.75% and showing a 1.76% decrease year-over-year.
May 09, 2024 | 11:01 am
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Viatris reported Q1 2024 earnings per share of $0.67, meeting expectations but down from last year, with sales of $3.663B missing estimates.
Meeting EPS estimates while showing a decrease from the previous year and missing sales estimates could lead to negative investor sentiment in the short term, potentially impacting the stock price negatively.
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