Roche Holding First Half 2024 Earnings: EPS Misses Expectations

Roche Holding (VTX:ROG) First Half 2024 Results

Key Financial Results

• Revenue: CHF30.8b (flat on 1H 2023).
• Net income: CHF6.26b (down 12% from 1H 2023).
• Profit margin: 20% (down from 23% in 1H 2023).
• EPS: CHF7.85 (down from CHF8.93 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Roche Holding EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Pharmaceuticals industry in Switzerland.

Performance of the Swiss Pharmaceuticals industry.

The company's shares are up 2.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Roche Holding that you should be aware of.

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