Viatris: Fourth Quarter Financial Overview

Viatris Reports Fourth Quarter Financial Results

Viatris Inc, headquartered in Canonsburg, Pennsylvania, announced on Thursday that it recorded a net loss of $340.1 million for the fourth quarter.

The company reported a loss of 30 cents per share. However, after adjusting for non-recurring items, earnings stood at 57 cents per share.

These adjusted earnings surpassed analysts’ expectations, as the consensus estimate from four analysts polled by Zacks Investment Research was 52 cents per share.

During the quarter, Viatris generated $3.7 billion in revenue, outperforming the average forecast of $3.52 billion from the same group of analysts.

Looking ahead, Viatris anticipates full-year earnings to fall between $2.33 and $2.47 per share, with projected revenue ranging from $14.45 billion to $14.95 billion.

Financial data for this article was provided by Zacks Investment Research and compiled by Automated Insights.