Organon Third Quarter 2024 Earnings: EPS: US$1.39 (vs US$0.23 in 3Q 2023)

Organon (NYSE:OGN) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.58b (up 4.1% from 3Q 2023).
• Net income: US$359.0m (up by US$301.0m from 3Q 2023).
• Profit margin: 23% (up from 3.8% in 3Q 2023). The increase in margin was primarily driven by lower expenses.
• EPS: US$1.39 (up from US$0.23 in 3Q 2023).

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

Organon Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 10% growth forecast for the Pharmaceuticals industry in the US.

Performance of the American Pharmaceuticals industry.

The company's shares are up 9.4% from a week ago.

Risk Analysis

Be aware that Organon is showing 3 warning signs in our investment analysis and 2 of those are concerning...

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