BASEL, Switzerland (AP) _ Novartis AG (NVS) on Tuesday reported third-quarter earnings of $2.76 billion.
The Basel, Switzerland-based company said it had net income of $1.22 per share. Earnings, adjusted for non-recurring costs, came to $1.71 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share.
The drugmaker posted revenue of $13.03 billion in the period.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVS at https://www.zacks.com/ap/NVS
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News