13.02.2017 12:46:04
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Teva Pharmaceutical Industries Limited Profit Advances 30% In Q4
(RTTNews) - Teva Pharmaceutical Industries Limited (TEVA) revealed a profit for its fourth quarter that climbed compared to the same period last year.
The company said its bottom line advanced to $1.48 billion, or $1.38 per share. This was up from $1.14 billion, or $1.28 per share, in last year's fourth quarter.
Analysts had expected the company to earn $1.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 33.0% to $6.49 billion. This was up from $4.88 billion last year.
Teva Pharmaceutical Industries Limited earnings at a glance:
-Earnings (Q4): $1.48 Bln. vs. $1.14 Bln. last year. -Earnings Growth (Y-o-Y): 29.8% -EPS (Q4): $1.38 vs. $1.28 last year. -EPS Growth (Y-o-Y): 7.8% -Analysts Estimate: $1.35 -Revenue (Q4): $6.49 Bln vs. $4.88 Bln last year. -Revenue Change (Y-o-Y): 33.0%
-Guidance: Full year EPS guidance: $4.90 - 5.30 Full year revenue guidance: $23.8 - $24.5 Bln
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