TEVA Q1 Earnings Miss, Schizophrenia Study Meets Goal, Stock Up
TEVA(TEVA) Zacks Investment Research·2024-05-10 01:15
Teva Pharmaceutical Industries Limited (TEVA) reported first-quarter 2024 adjusted earnings of 48 cents per share, which missed the Zacks Consensus Estimate of 51 cents per share. Earnings rose 20% year over year on a reported basis and 18% on a constant currency basis.Revenues for the first quarter came in at $3.82 billion, which beat the Zacks Consensus Estimate of $3.7 billion. Total revenues rose 4% on a reported basis and 5% on a constant currency basis. Sales growth was mainly driven by higher revenue ...