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Teva Pharmaceutical Industries Limited (TEVA) revealed earnings for its fourth quarter that advanced from last year.


RTTNews | Feb 10, 2021 07:07AM EST

07:07 Wednesday, February 10, 2021 (RTTNews.com) - Teva Pharmaceutical Industries Limited (TEVA) revealed earnings for its fourth quarter that advanced from last year.

The company's earnings totaled $150 million, or $0.14 per share. This compares with $110 million, or $0.10 per share, in last year's fourth quarter.

Excluding items, Teva Pharmaceutical Industries Limited reported adjusted earnings of $753 million or $0.68 per share for the period.

Analysts had expected the company to earn $0.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.4% to $4.45 billion from $4.47 billion last year.

Teva Pharmaceutical Industries Limited earnings at a glance:

-Earnings (Q4): $753 Mln. vs. $683 Mln. last year.-EPS (Q4): $0.68 vs. $0.62 last year.-Analysts Estimate: $0.63-Revenue (Q4): $4.45 Bln vs. $4.47 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3168565/teva-pharmaceutical-industries-limited-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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