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Stock impact report

Organon (OGN) Dips More Than Broader Market: What You Should Know [Yahoo! Finance]

Organon & Co. (OGN) 
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a loss of 0.63% for the day. On the other hand, the Dow registered a loss of 0.65%, and the technology-centric Nasdaq decreased by 0.47%. The pharmaceutical company's shares have seen a decrease of 8.61% over the last month, not keeping up with the Medical sector's gain of 3.09% and the S&P 500's gain of 0.92%. Investors will be eagerly watching for the performance of Organon in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.93, showcasing a 6.9% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $1.57 billion, showing a 0.63% drop compared to the year-ago quarter. OGN's full-year Zacks Consensus Estimates are calling for earnings of $3.84 per share and revenue of $6.3 billion. These results would represent year-over-year changes of -6.57% and -1.59%, respectively. Investors should also take note of any Show less Read more
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