Viatris Inc reports results for the quarter ended December 31 - Earnings Summary

• Viatris Inc VTRS.OQ reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 62 cents. The mean expectation of seven analysts for the quarter was for earnings of 57 cents per share. Wall Street expected results to range from 54 cents to 61 cents per share.

• Revenue fell 8.1% to $3.53 billion from a year ago; analysts expected $3.61 billion.

• Viatris Inc's reported EPS for the quarter was a loss of 43 cents​.

• The company reported a quarterly loss of $516.5 million.

• Viatris Inc shares had fallen by 9.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the pharmaceuticals peer group is also "hold"

Wall Street's median 12-month price target for Viatris Inc is $13.00

This summary was machine generated from LSEG data February 27 at 03:14 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)