Sanofi Reports Q4 Earnings, Falls Short of Expectations
PARIS, France - Sanofi (SNY) announced fourth-quarter earnings of $728.6 million, with a net income of 29 cents per share. Adjusted earnings, excluding non-recurring costs and discontinued operations, reached 70 cents per share, missing analysts' estimates of 71 cents.
Revenue for the quarter came in at $11.27 billion, also below expectations of $11.39 billion.
For the full year, Sanofi posted a profit of $6.22 billion, or $2.48 per share, on revenue of $44.46 billion.