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Stock impact report

Why Is Viatris (VTRS) Down 3.5% Since Last Earnings Report? [Yahoo! Finance]

Viatris Inc. (VTRS) 
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Viatris due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Viatris' Q4 Earnings and Revenues Miss Estimates Viatris posted adjusted earnings of 61 cents per share in the fourth quarter of 2023, missing the Zacks Consensus Estimate of 67 cents. The company recorded adjusted earnings of 67 cents in the year-ago quarter. Total revenues came in at $3.8 billion, up 1% year over year on a divestiture-adjusted operational basis. Revenues include product sales and other revenues. The top line missed the Zacks Consensus Estimate of $3.9 million. All growth rates mentioned below are on a year-over-year basis and adjusted for the impact of the biosimilars' divestiture in November 2022. In November 2022, Viatris sold its biosimilars' portfolio t Show less Read more
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