Novartis NVS reported its Q3 earnings results on Tuesday, October 26, 2021 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Novartis beat their estimated earnings by 3.64%, which did not surprise analysts.
Revenue was up $771,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14, which was followed by a 0.66% increase in the share price the next day.
Here's a look at Novartis's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.52 | 1.59 | 1.36 | 1.45 |
| EPS Actual | 1.66 | 1.52 | 1.34 | 1.52 |
| Revenue Estimate | 12.51B | 12.51B | 12.87B | 12.53B |
| Revenue Actual | 12.96B | 12.41B | 12.77B | 12.26B |
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