AstraZeneca's Q4 revenue jumps 24% to $14.9B - Breaking The News

AstraZeneca's Q4 revenue jumps 24% to $14.9B

6 February

1 min read

EPA-EFE/DAN HIMBRECHTS

AstraZeneca Plc. announced on Thursday that its revenue in the fourth quarter of its fiscal 2024 rose by 24% on an annual basis to $14.9 billion, exceeding analysts' expectations. For the full 2024, total revenue jumped by 21% to $54.1 billion.

The company's diluted earnings per share (EPS) increased to $0.96 in the reported quarter and to $4.50 for the full 2024. Operating profit grew by % year-on-year to $2.1 billion, while product sales climbed by 18% to $13.4 billion. The pharmaceutical company announced that its dividend will be further increased for the full year 2025.

"Our company delivered a very strong performance in 2024 with Total Revenue and Core EPS up 21% and 19%, respectively. We also delivered nine positive high value Phase III studies in the year, which coupled with increasing demand for our medicines in all key regions, will help sustain our growth momentum into 2025," CEO Pascal Soriot stated.

earnings astrazeneca

Related Stocks

AstraZeneca

AstraZeneca pledges $2.5B for R&D center in Beijing

21 March

AstraZeneca announced on Friday the investment of $2.5 billion in Beijing to establish its second strategic research and development (R&D) center in China and sixth worldwide. AstraZeneca projects its Beijing staff count will reach 1,700 personnel."This $2.5 billion investment reflects our belief in the world-class life sciences ecosystem in Beijing, the extensive opportunities that exist for collaboration and access to talent, and our continued commitment to China,"...

NIO's Q4 revenue up by 15.2% to $2.7B

21 March

Chinese automobile manufacturer NIO Inc. said on Friday that its revenue jumped 15.2% year on year to reach 19.7 billion yuan (~$2.7 billion) in the fourth quarter of fiscal 2024. The company also reported a net loss of 7.1 billion yuan ($974 million) for the three months, up 32.5% in comparison to the loss reported in the corresponding quarter a year before.The Shanghai-based automaker's sales reached 17.5 billion yuan ($2.4 billion) in the fourth quarter,...

Nike's Q3 revenues down 9% to $11.3 billion

20 March

Nike Inc. revealed on Thursday that its revenues in the third quarter of its fiscal 2025 landed at $11.3 billion, falling by 9% on an annual basis, but surpassing analyst's estimates.In the reported trimester, net income plunged 32% year over year, coming in at $794 million. Meanwhile, earnings per diluted share amounted to $0.54, nosediving 30% compared to the same three-month period a year prior. Sales in China fell by 17%, in North America by 4%, and in...

FedEx's revenue up 2% to $22.2 billion in Q3

20 March

FedEx Corp. announced on Thursday that its revenue in the third quarter of its fiscal 2025 stood at $22.2 billion, rising 2% compared to the same period a year prior. The figure topped analysts' expectations.According to the report, the company achieved a net income of $910 million, while its diluted earnings per share (EPS) landed at $3.76, climbing from $3.51 reported in the same timeframe of fiscal 2024. FedEx revised down its outlook for the full 2025 fiscal...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.