Novartis: Fourth Quarter Financial Overview

Novartis Announces Fourth-Quarter Financial Results

Novartis AG, headquartered in Basel, Switzerland, revealed a net profit of $2.41 billion for the fourth quarter.

The company reported earnings of $1.25 per share, with adjusted earnings—excluding one-time expenses—reaching $2.03 per share.

These adjusted earnings surpassed the consensus forecast from four analysts polled by Zacks Investment Research, who had anticipated $1.99 per share.

During the same period, Novartis generated $13.34 billion in revenue, which was below the $13.7 billion expected by three Zacks analysts.

For the entire year, Novartis achieved a total profit of $13.98 billion, or $7.15 per share, on annual revenue of $54.53 billion.

Financial data provided by Zacks Investment Research and compiled by Automated Insights.