In the newest buying and selling session, Teva Pharmaceutical Industries Ltd. (TEVA) closed at $8.0
In the newest buying and selling session, Teva Pharmaceutical Industries Ltd. (TEVA) closed at $8.03, marking a -1.65% transfer from the day gone by. This transfer lagged the S&P 500’s each day achieve of 0.41%. On the identical time, the Dow added 0.57%, and the tech-heavy Nasdaq gained 0.7%.
Previous to at present’s buying and selling, shares of the corporate had gained 24.77% over the previous month. This has outpaced the Medical sector’s lack of 0.65% and the S&P 500’s achieve of two.04% in that point.
Wall Road will likely be searching for positivity from TEVA because it approaches its subsequent earnings report date. That is anticipated to be November 7, 2019. On that day, TEVA is projected to report earnings of $0.60 per share, which might signify a year-over-year decline of 11.76%. In the meantime, the Zacks Consensus Estimate for income is projecting web gross sales of $4.23 billion, down 6.52% from the year-ago interval.
For the total yr, our Zacks Consensus Estimates are projecting earnings of $2.38 per share and income of $17.18 billion, which might signify adjustments of -18.49% and -8.86%, respectively, from the prior yr.
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