Jazz: Q1 Earnings Snapshot
Jazz Pharmaceuticals PLC (JAZZ) on Wednesday reported first-quarter earnings of $69.4 million
By AP News
Published - May 10, 2023, 04:39 PM ET
Last Updated - Apr 05, 2024, 03:35 PM EDT
DUBLIN (AP) — DUBLIN (AP) — Jazz Pharmaceuticals PLC (JAZZ) on Wednesday reported first-quarter earnings of $69.4 million.
The Dublin-based company said it had profit of $1.04 per share. Earnings, adjusted for one-time gains and costs, were $3.95 per share.
The results did not meet Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $4.26 per share.
The drugmaker posted revenue of $892.8 million in the period, also missing Street forecasts. Nine analysts surveyed by Zacks expected $898.1 million.
