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Sanofi Q4 Adjusted Profit Flat, Sales Decline

· 02/04/2021 23:11

04:03 AM EST, 02/05/2021 (MT Newswires) -- Sanofi (SNY) reported Friday Q4 business earnings of EUR1.22 ($1.46) per share, unchanged from the prior year period. The average Street estimate from analysts polled by Capital IQ was for earnings of EUR1.17 per share.

Net sales were EUR9.38 billion, down from EUR9.61 billion reported last year. The Street consensus was for revenue of EUR9.4 billion.

For 2021, the company said it expects business EPS to grow by high single digits at constant exchange rates.

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