Novo Nordisk A/S Earnings: Here’s Why the Stock is Up Now
Novo Nordisk A/S (NYSE:NVO) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.27%.
Novo Nordisk A/S Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 57.55% to $2.19 in the quarter versus EPS of $1.39 in the year-earlier quarter.
Revenue: Rose 13.06% to $3.75 billion from the year-earlier quarter.
Key Stats (on next page)…
Revenue increased 9.16% from $3.43 billion in the previous quarter. EPS increased 48.98% from $1.47 in the previous quarter.