GlaxoSmithKline Raises Outlook as 3Q Revenue, Profit Grow

Data : 30/10/2019 @ 13:52
Fonte : Dow Jones News
Titolo : Glaxosmithkline Plc (GSK)
Quotazione : 1443.0  -58.2 (-3.88%) @ 17:35
Quotazione Glaxosmithkline Grafico

GlaxoSmithKline Raises Outlook as 3Q Revenue, Profit Grow

Grafico Azioni Glaxosmithkline (LSE:GSK)

6 Mesi : Da Set 2019 a Mar 2020

Clicca qui per i Grafici di Glaxosmithkline

By Carlo Martuscelli


GlaxoSmithKline PLC (GSK.LN) upgraded its guidance on Wednesday after it posted growing profit in the third quarter on revenue that beat market expectations.

The British pharmaceutical company made a pretax profit of 1.95 billion pounds ($2.51 billion) in the third quarter, compared with GBP1.71 billion the year earlier. Turnover increased 16% to GBP9.39 billion, beating analyst forecasts of GBP9.04 billion.

Meanwhile adjusted earnings per share--a metric closely watched by analysts--rose to 38.6 pence from 35.5 pence in the third quarter of 2019.

Glaxo said that it is now sees full-year adjusted EPS flat when accounting for currency effects. Previously, the company guided for a decrease of between 3% to 5%.

It confirmed that it was on track to file a new drug application for its cancer drug Zejula by the end of the year having reported positive data from a clinical trial in September that looked at the medicine as a treatment for ovarian cancer.

The company declared a quarterly dividend of 19 pence a share and confirmed its 80 pence total target for the full-year.


Write to Carlo Martuscelli at; @carlomartu


(END) Dow Jones Newswires

October 30, 2019 08:37 ET (12:37 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
La tua Cronologia
Monte Pasc..
Euro vs Do..
Le azioni che visualizzerai appariranno in questo riquadro, così potrai facilmente tornare alle quotazioni di tuo interesse.

Registrati ora per creare la tua watchlist personalizzata in tempo reale streaming.

Per accedere al tempo reale push di Borsa è necessario registrarsi.

Accedendo ai servizi offerti da ADVFN, ne si accettano le condizioni generali Termini & Condizioni

P: V:it D:20200328 18:26:54