Sanofi's Earnings Outlook

Sanofi (NASDAQ:SNY) is gearing up to announce its quarterly earnings on Friday, 2024-10-25. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Sanofi will report an earnings per share (EPS) of $1.39.

Anticipation surrounds Sanofi's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

In the previous earnings release, the company beat EPS by $0.07, leading to a 1.32% drop in the share price the following trading session.

Here's a look at Sanofi's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.86

0.94

1.50

2.26

EPS Actual

0.93

0.97

0.89

1.39

Price Change %

-1.0%

-0.0%

-2.0%

-19.0%

Market Performance of Sanofi's Stock

Shares of Sanofi were trading at $52.89 as of October 23. Over the last 52-week period, shares are up 23.12%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on Sanofi

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Sanofi.

Analysts have provided Sanofi with 1 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $60.0, suggesting a potential 13.44% upside.

Analyzing Ratings Among Peers

The below comparison of ...