Novartis rises as Q2 results beat on both lines
Seeking Alpha ·
Novartis is up ~5% in Tuesday morning trading after reporting Q2 financial results that beat on both lines. The Swiss drugmaker also reaffirmed its 2026 guidance. Full-year revenue consensus is $58.05B, while the non-GAAP EPS consensus is $8.68.
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Novartis shares rose about 5% after Q2 earnings exceeded market expectations in both revenue and profit. The company reaffirmed its 2026 guidance, demonstrating robust growth. The annual revenue consensus stands at $58.05 billion with a non-GAAP EPS of $8.68, boosting investor confidence.
상승 영향
- Biotechnology — Novartis's earnings surprise is improving sentiment across the pharmaceutical sector. Reaffirming solid guidance proves the stable earnings power of major pharma firms, attracting buying interest.
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