Should You Invest in Novo Nordisk (NVO) Ahead of Q2 Earnings?

Novo Nordisk (NVO) is slated to report second-quarter 2024 results on Aug 7, before the opening bell. The Zacks Consensus Estimate for quarterly revenues in the to-be-reported quarter is pegged at $9.91 billion, while the same for earnings is pinned at 76 cents per share.In the past 30 days, the estimates for Novo Nordisk’s 2024 earnings per share (EPS) deteriorated from $3.41 to $3.38. During the same time frame, the forecast for the company’s 2025 EPS has improved from $4.30 to $4.35.Image Source: Zacks I ...