Earnings Alerts

GlaxoSmithKline PLC (GSK) Earnings Surge: 4Q Net Income Surpasses Estimates with 46% Yearly Rise

  • GSK Pharma India’s net income exceeded estimates, reaching 1.94 billion rupees, a 46% increase from the previous year.
  • Revenue was 9.3 billion rupees, an 18% year-on-year increase, beating the estimated 8.4 billion rupees.
  • The total cost rose by 8.6% year-on-year to 6.91 billion rupees.
  • Other income experienced a 7.8% year-on-year growth, amounting to 298.3 million rupees.
  • The company declared a dividend per share of 32 rupees.
  • As a result, company shares surged by 8.2% to 2,189 rupees, with 230,823 shares traded.
  • Analyst ratings for GSK Pharma India include two buys, three holds, and one sell.
  • All comparisons to past results are made based on values reported by the company’s original disclosures.

GlaxoSmithKline PLC on Smartkarma

Analyst coverage on GlaxoSmithKline PLC by Baptista Research on Smartkarma reveals insights into the latest financial performance and potential opportunities for investors. Baptista Research‘s report, ‘GSK plc: Is Their Latest Financial Disappointment Might Be a Hidden Opportunity? – Major Drivers‘, highlights GSK plc’s recent failure to meet Wall Street’s revenue and earnings expectations. Despite this setback, the company’s approvals for key medicines like Arexvy and Apretude showcase a strengthened product portfolio, setting the stage for substantial profitable growth. The report delves into a fundamental analysis of the company’s historical financial statements, providing valuable insights for investors.


A look at GlaxoSmithKline PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

GlaxoSmithKline PLC, a research-based pharmaceutical company, has been assigned Smart Scores to assess its long-term outlook. With a Growth score of 4 and Momentum score of 5, the company shows promising signs of expansion and positive market performance. This suggests potential for future development and strong upward movement in the company’s performance.

Despite having lower scores in Value (2) and Resilience (2), GlaxoSmithKline PLC demonstrates strength in its Dividend score of 3. This indicates a moderate level of dividend payout and stability. Overall, based on the Smartkarma Smart Scores, GlaxoSmithKline PLC appears to have a positive long-term outlook, especially in terms of growth potential and market momentum.

### GlaxoSmithKline PLC operates as a research-based pharmaceutical company. The Company develops, manufactures, and markets vaccines, prescription, and over-the-counter medicines, as well as health-related consumer products. GlaxoSmithKline provides products for infections, depression, skin conditions, asthma, heart and circulatory disease, and cancer. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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