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Sanofi Q3 Earnings Beat, Dupixent, New Drugs, Vaccines Drive Sales
SNYSanofi(SNY) ZACKS·2024-10-25 17:20

Sanofi (SNY) reported third-quarter 2024 adjusted earnings of 1.57perAmericandepositaryshare,whichbeattheZacksConsensusEstimateof1.57 per American depositary share, which beat the Zacks Consensus Estimate of 1.35 per share. Earnings of €2.86 per share rose 12.2% on a reported basis and 17.6% on a constant currency rate (“CER”) basis.Net sales rose 12.3% on a reported basis to 14.77billion(13.44billion).Exchangeratemovementshurtsalesby3.414.77 billion (€13.44 billion). Exchange rate movements hurt sales by 3.4% in the quarter. Sales rose 15.7% on a CER basis. Sales beat the Zacks Consensus Estimate of 14.39 billion.Sales rose 23.6 ...