Compared to Estimates, Novartis (NVS) Q1 Earnings: A Look at Key Metrics
NVSNovartis(NVS) Zacks Investment Research·2024-04-23 22:36

Novartis (NVS) reported 11.83billioninrevenueforthequarterendedMarch2024,representingayearoveryeardeclineof8.711.83 billion in revenue for the quarter ended March 2024, representing a year-over- year decline of 8.7%. EPS of 1.80 for the same period compares to 1.71ayearago.Thereportedrevenuerepresentsasurpriseof+2.851.71 a year ago. The reported revenue represents a surprise of +2.85% over the Zacks Consensus Estimate of 11.5 billion. With the consensus EPS estimate being $1.73, the EPS surprise was +4.05%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...