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Stock impact report

Sanofi Q1 Earnings Top Estimates, Dupixent Drives Sales Growth [Yahoo! Finance]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: Yahoo! Finance
Earnings of €1.79 per share rose 17.0% on a reported basis and 15.7% on a constant currency rate (“CER”) basis. Net sales rose 10.8% on a reported basis to $10.42 billion (€9.9 billion). Exchange rate movements benefited sales by 1.1% in the quarter. Sales rose 9.7% on a CER basis. Sales, however, missed the Zacks Consensus Estimate of $10.63 billion. (Find the latest earnings estimates and surprises on Zacks Earnings Calendar.) Sales rose 15.4% at CER in the United States, 8.4% in the Rest of the World (including China, Japan, Brazil and Russia) and 0.5% in Europe. All growth rates mentioned below are on a year-on-year basis and at CER. In Immunology, Dupixent generated sales of €3.48 billion in the quarter, up 20.3% year over year, driven by strong prescription trends in all geographies. Dupixent sales beat our model estimate of €3.38 billion. Sales of the drug in the United States rose 18.4%, driven by strong demand in its approved indications — atopic dermatitis, asthma, Show less Read more
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