AstraZeneca upgrades outlook for the second time on four months
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AstraZeneca PLC has raised its 2024 sales and profit outlook for the second time in four months, following strong Q3 results. The company now expects annual revenue and core earnings per share to grow by a high-teens percentage.
November 12, 2024 | 8:45 am
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AstraZeneca has upgraded its 2024 sales and profit outlook due to stronger-than-expected Q3 results, now anticipating high-teens growth in revenue and earnings.
AstraZeneca's upgrade in its sales and profit outlook for 2024, driven by strong Q3 results, is likely to positively impact its stock price in the short term. The revised forecast indicates improved financial performance, which is generally viewed favorably by investors.
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