logo
  

Viatris Boosts FY21 Revenue Outlook, Declares Dividend - Quick Facts

While reporting financial results for the second quarter on Monday, healthcare company Viatris Inc. (VTRS) raised its total revenue guidance for the full-year 2021.

For fiscal 2021, the company now projects total revenue between $17.5 billion and $17.9 billion, up from the prior forecast between $17.2 billion and $17.8 billion. On average, 13 analysts polled by Thomson Reuters expect the company to report revenues of $17.59 billion.

The company also said its Board of Directors declared a second quarterly dividend of $0.11 for each issued and outstanding share of the company's common stock, payable on September 16, 2021 to stockholders of record at the close of business on August 24, 2021.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Walmart is bringing back its month-long savings event "Black Friday Deals for Days" in November, with special early access for Walmart+ members. The retail behemoth, which reinvented the Black Friday shopping events last year, will spread out its Black Friday savings to three events throughout November. Each savings event will begin online at Walmart.com and continue with the same deals in stores. Shares of Philips Electronics NV were losing around 2 percent in the morning trading in Amsterdam after the Dutch consumer electronics giant on Monday trimmed its outlook for fiscal 2021 after reporting weak EBITA and sales in its third quarter. The results were hurt by supply chain challenges as well as Sleep & Respiratory Care recall. However, quarterly net profit was significantly higher. The Goldman Sachs Group, Inc. (GS) reported that its third quarter net earnings applicable to common shareholders increased 63 percent year-on-year. Net revenues were also significantly higher reflecting significantly higher net revenues in Investment Banking, Global Markets and Consumer & Wealth Management,...
Follow RTT