Novartis beats estimates and raises outlook

29 October 2024

Swiss pharma giant Novartis (NOVN: VX) revealed rising sales and earnings in its third-quarter 2024 financial results on Tuesday.

Net sales rose by 9% compared to the same period of 2023, reaching $12.82 billion and surpassing the estimates of analysts.

Third-quarter core earnings per share climbed to $2.06, above the $1.94 analyst estimate and up 18% on the year-earlier figure.

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