Glaxo: Fourth Quarter Earnings Overview
GSK Announces Strong Fourth-Quarter Financial Results
GSK plc, headquartered in London, revealed on Wednesday that it achieved a net profit of $846 million for the fourth quarter.
The company reported earnings of 42 cents per share, with adjusted earnings—excluding one-time expenses—reaching 68 cents per share.
These results surpassed analysts’ expectations, as the consensus from five Zacks Investment Research analysts had predicted earnings of 64 cents per share.
GSK’s revenue for the quarter reached $11.46 billion, exceeding the $11.19 billion anticipated by four Zacks analysts.
For the full year, GSK recorded a total profit of $7.54 billion, or $3.72 per share, with annual revenue amounting to $43.07 billion.
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