Teva Pharmaceutical Industries Limited (TEVA), Wednesday announced the fourth quarter financial results, reporting net profit of $480 million, or $0.41 per share, attributable to the company, compared with net loss of $217 million, or $0.19 per share, last year.
On an adjusted basis, earnings increased to $1.130 billion, or $0.96 per share, from $816 million, or $0.71 per share, in the previous year.
Analysts, on average, estimated earnings of $0.64 per share for the quarter.
Revenue went up to $4.711 billion from $4.229 billion in the prior year, mainly due to development milestone payments received in connection with the initiation of Phase 3 studies for duvakitug and from higher revenues from our key innovative products.
Looking ahead, the company sees full year 2026 revenue outlook of $16.4 - $16.8 billion and adjusted earnings of $2.57 - $2.77 per share.
On average, analysts anticipate earnings of $2.77 per share and revenue of $16.99 billion for the full year 2026.
In the pre-market hours, TEVA is trading at $32.55, up 0.08 percent on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.