10.02.2021 13:07:00

Teva Pharmaceutical Industries Limited Q4 adjusted earnings Beat Estimates

(RTTNews) - Teva Pharmaceutical Industries Limited (TEVA) revealed earnings for its fourth quarter that advanced from last year.

The company's earnings totaled $150 million, or $0.14 per share. This compares with $110 million, or $0.10 per share, in last year's fourth quarter.

Excluding items, Teva Pharmaceutical Industries Limited reported adjusted earnings of $753 million or $0.68 per share for the period.

Analysts had expected the company to earn $0.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.4% to $4.45 billion from $4.47 billion last year.

Teva Pharmaceutical Industries Limited earnings at a glance:

-Earnings (Q4): $753 Mln. vs. $683 Mln. last year. -EPS (Q4): $0.68 vs. $0.62 last year. -Analysts Estimate: $0.63 -Revenue (Q4): $4.45 Bln vs. $4.47 Bln last year.

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