Recap: Novartis Q3 Earnings

Novartis NVS reported its Q3 earnings results on Tuesday, October 25, 2022 at 01:00 AM.

Here's what investors need to know about the announcement.

Novartis beat estimated earnings by 0.64%, reporting an EPS of $1.58 versus an estimate of $1.57.

Revenue was down $487.00 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 2.07% drop in the share price the next day.

Here's a look at Novartis's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	1.52	1.44	1.42	1.65
EPS Actual	1.56	1.46	1.40	1.71
Revenue Estimate	13.01B	12.73B	13.30B	13.03B
Revenue Actual	12.78B	12.53B	13.23B	13.03B

To track all earnings releases for Novartis visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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