On Wednesday, Teva Pharmaceutical (TEVA.US) surged nearly 13% in pre-market trading to $23.10. The company reported Q3 revenue of $4.48 billion, surpassing market expectations of $4.34 billion. Adjusted earnings per share (EPS) came in at $0.78, beating the consensus estimate of $0.68.
For fiscal year 2025, Teva expects full-year revenue in the range of $16.8 billion to $17 billion, compared to FactSet's projection of $16.83 billion. Additionally, the company raised its adjusted EPS guidance for 2025 from $2.50-$2.60 to $2.55-$2.65, while analysts had anticipated $2.58.