Novartis AG (NVS) announced a profit for first quarter that Drops, from the same period last year
The company's bottom line totaled $3.156 billion, or $1.65 per share. This compares with $3.609 billion, or $1.83 per share, last year.
Excluding items, Novartis AG reported adjusted earnings of $3.794 billion or $1.99 per share for the period.
The company's revenue for the period fell 0.9% to $13.113 billion from $13.233 billion last year.
Novartis AG earnings at a glance (GAAP) :
-Earnings: $3.156 Bln. vs. $3.609 Bln. last year.-EPS: $1.65 vs. $1.83 last year.-Revenue: $13.113 Bln vs. $13.233 Bln last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.