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Teva Pharmaceutical Expects 2024 Revenues Of $16.0B-$16.4B Versus Prior Guidance Of $15.7B-$16.3B And Consensus Of $16.012B

Author: Benzinga Newsdesk | July 31, 2024 07:06am

Outlook for 2024 Non-GAAP Results

$ billions, except EPS or as noted July 2024 Outlook January 2024 Outlook
Revenues* $16.0 - $16.4 $15.7 - $16.3
AUSTEDO ($m)* ~1,600 ~1,500
AJOVY ($m)* ~500 ~500
UZEDY ($m)* ~80 ~80
COPAXONE ($m)* ~450 ~400
Operating Income 4.1 - 4.5 4.0 - 4.5
Adjusted EBITDA 4.6 - 5.0 4.5 - 5.0
Finance Expenses ($m) ~1,000 ~1,000
Tax Rate 14% - 17% 14% - 17%
Diluted EPS ($) 2.30 - 2.50 2.20 - 2.50
Free Cash Flow** 1.7 - 2.0 1.7 - 2.0
CAPEX* ~0.5 ~0.5
Foreign Exchange Volatile swings in FX can negatively impact revenue and income

Posted In: TEVA

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