Sanofi: 3Q Earnings Snapshot
PARIS (AP) _ Sanofi (SNY) on Thursday reported third-quarter net income of $1.96 billion.
On a per-share basis, the Paris-based company said it had profit of 83 cents. Earnings, adjusted for non-recurring costs, were $1.07 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share.
The drugmaker posted revenue of $10.56 billion in the period.
Sanofi shares have climbed slightly more than 9% since the beginning of the year. The stock has risen roughly 10% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNY at https://www.zacks.com/ap/SNY