Viatris Expects 2024 Revenues Of $14.98B-$15.48B Versus Consensus Of $15.19B And Prior Guidance Of $15.25B-$15.75B
Portfolio Pulse from Benzinga Newsdesk
Viatris has updated its revenue expectations for 2024, projecting revenues to be between $14.98B and $15.48B. This is a downward revision from its prior guidance of $15.25B-$15.75B and is slightly below the consensus estimate of $15.19B.
May 09, 2024 | 11:05 am
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Viatris lowers its 2024 revenue outlook to $14.98B-$15.48B, under the consensus of $15.19B and previous guidance of $15.25B-$15.75B.
The downward revision of Viatris' revenue forecast for 2024 suggests potential challenges in achieving previous sales targets, which could lead to negative investor sentiment and pressure on the stock price in the short term.
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