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Novartis AG (NVS)

97.32

+2.20

(+2.31%)

As of 2:29 PM EDT. Market Open.

Novartis raises full-year guidance on Q1 beat, drug sales

Shares of Novartis (NVS) are soaring in Tuesday's pre-market trading session — holding onto steady gains into the market open — after the Swiss pharmaceutical giant reported better-than-expected first-quarter earnings and raised its full-year guidance. The robust financial performance was driven primarily by strong sales of the company's innovative heart failure and psoriasis treatment drugs. Yahoo Finance Health Reporter Anjalee Khemlani breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 3 hours ago

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Novartis radioligand therapy Lutathera® FDA approved as first medicine specifically for pediatric patients with gastroenteropancreatic neuroendocrine tumors

Approval based on NETTER-P trial in which Lutathera demonstrated a consistent safety profile and comparable drug exposure between pediatric (ages 12-17) and adult patients Gastroenteropancreatic neuroendocrine tumors (GEP-NETs) are a rare cancer that is often unresectable and commonly diagnosed in the late stages of diseaseNovartis, a leader in radioligand therapy (RLT), is investigating a portfolio of RLTs to treat a broad range of cancers, including GEP-NETs, lung, prostate, breast, colon, bra

GlobeNewswire 47 minutes ago

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Health Care Roundup: Market Talk

Find insights on Novartis, UnitedHealth Group, and more in the latest Market Talks covering the Health Care sector.

The Wall Street Journal 1 hour ago

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Top Midday Stories: Shares of GE, Novartis, Danaher and Philip Morris Up Post-Earnings; Pepsi Stock Down Post-Earnings; Apple iPhone China Sales Drop 19%; Trump Poised for Windfall From Media Company Stock

Top Midday Stories: Shares of GE, Novartis, Danaher and Philip Morris Up Post-Earnings; Pepsi Stock Down Post-Earnings; Apple iPhone China Sales Drop 19%; Trump Poised for Windfall From Media Company Stock

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MT Newswires 2 hours ago

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Novartis Stock Jumps After Beating Expectations, Raising Guidance

Shares of Swiss drugmaker Novartis rallied after the company’s first-quarter sales surpassed analysts’ expectations, and it raised its full-year guidance. Novartis executives touted strong sales across major brands on an analyst call on Tuesday. The pharmaceutical company reported $11.8 billion in first-quarter net sales—higher than analysts' estimates, and fueled by more than $1 billion in quarterly sales for both heart-failure drug Entresto and psoriasis drug Cosentyx.

The Wall Street Journal 2 hours ago

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Novartis Ag (NVS) Q1 2024 Earnings Call Transcript

NVS earnings call for the period ending March 31, 2024.

Motley Fool 3 hours ago

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How Novartis Rode Two Blockbuster Drugs To Its Beat And Raise, And Three-Day Sprint

Novartis stock jumped Tuesday after the drugmaker topped first-quarter sales and earnings forecasts, and raised its full-year outlook.

Investor's Business Daily 4 hours ago

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Incyte (INCY) to Report Q1 Earnings: What's in the Cards?

Incyte's (INCY) first-quarter 2024 revenues are likely to have been driven by the U.S. sales and royalties from Novartis on ex-U.S. sales of its lead drug, Jakafi.

Zacks 4 hours ago

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Compared to Estimates, Novartis (NVS) Q1 Earnings: A Look at Key Metrics

The headline numbers for Novartis (NVS) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks 4 hours ago

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Novartis (NVS) Q1 Earnings, Sales Beat, Guidance Raised

Novartis (NVS) comfortably beats first-quarter earnings and sales estimates. The company ups its outlook for 2024 on strong growth across key brands.

Zacks 5 hours ago

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The Zacks Analyst Blog Highlights Novartis, American Express, ConocoPhillips, Netflix and Schlumberger

Novartis, American Express, ConocoPhillips, Netflix and Schlumberger are part of the Zacks top Analyst Blog.

Zacks 5 hours ago

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Former Bristol Myers CEO tapped as Novartis’ next board chair

Giovanni Caforio, who left Bristol Myers in November after eight years as CEO, is set to succeed Novartis’ longtime board chair Joerg Reinhardt next year.

BioPharma Dive 6 hours ago

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Novartis raises forecasts as top drug sales beat Wall Street estimates

Sales of Entresto and Cosentyx grew faster in the first quarter than analysts anticipated, helping drive the quarterly beat and raise.

BioPharma Dive 6 hours ago

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Trending tickers: Tesla, ABF, Novartis, Taylor Wimpey, JD Sports

The latest investor updates on stocks that are trending on Tuesday.

Yahoo Finance UK 9 hours ago

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UPDATE 1-Healthcare, tech stocks boost STOXX 600 to one-week high

European stocks scaled to their highest levels in more than a week on Tuesday, driven by the healthcare and technology sector, as investors found comfort in upbeat corporate earnings, while the UK's FTSE 100 Index climbed to hit an all-time peak. The pan-European STOXX 600 index was up 0.6%, as of 0838 GMT, boosted by a nearly 0.9% jump in healthcare stocks .

Reuters 9 hours ago

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Novartis Raises Guidance on Profit, Sales Growth

Novartis lifted its full-year guidance after first-quarter profit and sales rose and beat consensus expectations, boosted by strong sales of key drugs.

The Wall Street Journal 10 hours ago

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Techs boost STOXX to one-week high; euro zone data on tap

European stocks scaled on Tuesday to their highest levels in more than a week, driven by the technology sector as investors found comfort in upbeat corporate earnings, while UK's FTSE 100 Index climbed to hit an all-time peak. The pan-European STOXX 600 index was up 0.6%, as of 0712 GMT, boosted by a nearly 2% jump in technology shares.

Reuters 11 hours ago

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UPDATE 4-Novartis raises guidance after beating Q1 expectations

Swiss drugmaker Novartis raised its full-year guidance on wider use of psoriasis and arthritis drug Cosentyx on Tuesday and said it had tapped the former boss of Bristol Myers Squibb (BMS) to become its chairman next year. It expects its 2024 net sales to grow by a high-single to low double-digit percentage with adjusted operating income growing by a low double-digit to mid-teens percentage, Novartis said in a statement. It has previously predicted that adjusted operating income would increase by a "high single-digit" percentage with "mid single-digit" sales growth.

Reuters 13 hours ago

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Novartis delivers double-digit sales growth and core margin expansion in Q1; FY 2024 guidance raised

Ad hoc announcement pursuant to Art. 53 LRQ1 net sales grew +11% (cc1, +10% USD) with core operating income up +22% (cc, +16% USD) Key growth drivers continued strong sales momentum including Entresto (+36% cc), Cosentyx (+25% cc), Kesimpta (+66% cc), Kisqali (+54% cc), Pluvicto (+47% cc) and Leqvio (+139% cc)Core operating income margin 38.4%, +340 basis points (cc), mainly driven by higher net salesOperating income grew +39% (cc, +29% USD) and net income grew +37% (cc, +25% USD), mainly driven

GlobeNewswire 13 hours ago

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Top Analyst Reports for Novartis, American Express & ConocoPhillips

Today's Research Daily features new research reports on 16 major stocks, including Novartis AG (NVS), American Express Company (AXP) and ConocoPhillips (COP).

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Performance Overview

Return	NVS	MSCI WORLD
YTD	+0.07%	+4.94%
1-Year	+0.74%	+17.81%
3-Year	+24.50%	+13.75%

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Novartis AG (NVS)

Novartis raises full-year guidance on Q1 beat, drug sales

Novartis radioligand therapy Lutathera® FDA approved as first medicine specifically for pediatric patients with gastroenteropancreatic neuroendocrine tumors

Health Care Roundup: Market Talk

Top Midday Stories: Shares of GE, Novartis, Danaher and Philip Morris Up Post-Earnings; Pepsi Stock Down Post-Earnings; Apple iPhone China Sales Drop 19%; Trump Poised for Windfall From Media Company Stock

Novartis Stock Jumps After Beating Expectations, Raising Guidance

Novartis Ag (NVS) Q1 2024 Earnings Call Transcript

How Novartis Rode Two Blockbuster Drugs To Its Beat And Raise, And Three-Day Sprint

Incyte (INCY) to Report Q1 Earnings: What's in the Cards?

Compared to Estimates, Novartis (NVS) Q1 Earnings: A Look at Key Metrics

Novartis (NVS) Q1 Earnings, Sales Beat, Guidance Raised

The Zacks Analyst Blog Highlights Novartis, American Express, ConocoPhillips, Netflix and Schlumberger

Former Bristol Myers CEO tapped as Novartis’ next board chair

Novartis raises forecasts as top drug sales beat Wall Street estimates

Trending tickers: Tesla, ABF, Novartis, Taylor Wimpey, JD Sports

UPDATE 1-Healthcare, tech stocks boost STOXX 600 to one-week high

Novartis Raises Guidance on Profit, Sales Growth

Techs boost STOXX to one-week high; euro zone data on tap

UPDATE 4-Novartis raises guidance after beating Q1 expectations

Novartis delivers double-digit sales growth and core margin expansion in Q1; FY 2024 guidance raised

Top Analyst Reports for Novartis, American Express & ConocoPhillips

Performance Overview