Novartis's Results Look Impressive -- Market Talk

Dow Jones
Jul 17, 2025

0702 GMT - Novartis reported impressive results, extending a stretch of quarterly updates in which it beat expectations and raised guidance to a tenth quarter, Vontobel's Stefan Schneider says. The Swiss pharmaceutical company reported second-quarter core operating profit of $5.925 billion, up 21% at constant currency. This exceeded both consensus expectations and Vontobel's estimate, the analyst says in a research note. Novartis now expects core operating profit to grow by a low-teens percentage this year, having previously forecast an increase by low double digits. This guidance lift came as a surprise ahead of the anticipated arrival of generic competition for Novartis's heart drug Entresto--the group's best-selling medicine--in the U.S., Schneider says. Novartis shares closed at 95.12 Swiss francs on Wednesday. (adria.calatayud@wsj.com)

 

(END) Dow Jones Newswires

July 17, 2025 03:02 ET (07:02 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10