Novartis Likely to Confirm Guidance -- Market Talk

Dow Jones04-02 16:01

0801 GMT - Novartis is likely to confirm its 2026 guidance when it reports first-quarter results later this month, J.P. Morgan analysts say in a research note. The Swiss drugmaker likely had a solid first quarter, even though the loss of U.S. sales from the Entresto heart drug due to generic competition and favorable pricing trends in the year-earlier period should weigh on sales, JPM says. The analysts estimate Novartis's first-quarter sales at $13.56 billion, core operating profit at $5.15 billion and core EPS at $2.10. Novartis guided for 2026 sales growth in the low-single-digit percentage range and core operating profit to decline by a low single digit when excluding currency changes, an outlook JPM expects to be reiterated. Shares are flat at 122.90 Swiss francs. (adria.calatayud@wsj.com)

 

(END) Dow Jones Newswires

April 02, 2026 04:01 ET (08:01 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment