Teva up on strong 2024 3rd-qtr financial results

6 November 2024

Teva Pharmaceutical Industries’ (NYSE and TASE: TEVA) shares were up 4% at 7,323 shekels today reported results for the quarter ended September 30, 2024.

Teva’s third quarter earnings per share (EPS) of $0.69, $0.03 better than analyst’s estimate of $0.66. Revenue for the quarter came in at $4.33 billion, up 13% and higher than the consensus estimate of $4.14 billion.

On a non-generally accepted accounting principles (GAAP) basis, gross profit was $2,327 million, an increase of 13% compared to $2,060 million in the third quarter of 2023

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK