GSK Beats Q1 Earnings & Sales Estimates, Ups 2024 Guidance
GSKGSK(GSK) Zacks Investment Research·2024-05-02 00:11

GSK plc (GSK) reported core earnings of $1.09 per American depositary share (“ADS”) in first- quarter 2024, beating the Zacks Consensus Estimate of 94 cents. Core earnings rose 16% year over year on a reported basis and 28% at a constant exchange rate (CER).Quarterly revenues increased 6% on a reported basis and 10% at CER to $9.34 billion (£7.36 billion), beating the Zacks Consensus Estimate of $8.98 billion. The upside can be attributed to rising HIV and vaccine product sales, which was partially offset b ...