A Sneak Peek At Sanofi ($SNY) 3Q20 Earnings

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Sanofi (NASDAQ:SNY) is reporting third quarter earnings results on Thursday 29th October 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 1.09 per share.

For the full year, analysts predict revenues of $ 43207.50 million, while looking forward to income of $ 3.44 per share.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 6.73 ~ $ 6.86 per share

Click Here For More Historical Outlooks Of Sanofi

Previous Quarter Performance

Sanofi unfold income for the second quarter of $ 1.41 per share, from the revenue of $ 9,038.00 million. Street analysts expected $ 9890.00 million. The top line results fell short of analysts by $ 852 million or 8.61 percent.

Stock Performance

Shares of Sanofi traded low $ -1.26 or -2.66 percent on Wednesday, reaching $ 46.14 with volume of 2.18 million shares. Sanofi has traded high as $ 46.79 and has cracked $ 46.04 on the downward trend

According to the previous trading day, closing price of $ 46.14, representing a 26.00 % increase from the 52 week low of $ 37.62 and a 13.82 % decrease over the 52 week high of $ 55.00.

The company has a market capital of $ 116.98 billion and is part of the Healthcare sector and Drug Manufacturers – Major industry.

Sanofi provides therapeutic solutions worldwide. It offers Cerezyme and Cerdelga for Gaucher, Myozyme and Lumizyme for Pompe, Fabrazyme for Fabry, and Aldurazyme for mucopolysaccharidosis Type 1; and Aubagio, an immunomodulatory and Lemtrada, a monoclonal antibody for multiple sclerosis. It also provides Dupixent for atopic dermatitis; Kevzara for rheumatoid arthritis; Eloctate and Alprolix to treat hemophilia in adults and children; and Cablivi to treat acquired thrombotic thrombocytopenic purpura in adults.