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Stock impact report

Alvotech Second Quarter 2024 Earnings: EPS: US$0.25 (vs US$0.83 in 2Q 2023) [Yahoo! Finance]

Alvotech (ALVO) 
Company Research Source: Yahoo! Finance
Net income: US$65.2m (down 66% from 2Q 2023). Profit margin: 33%. EPS: US$0.25 (down from US$0.83 in 2Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Alvotech Earnings Insights Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Biotechs industry in the US. Performance of the American Biotechs industry. The company's shares are up 19% from a week ago. Risk Analysis What about risks? Every company has them, and we've spotted 3 warning signs for Alvotech (of which 1 doesn't sit too well with us!) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not in Show less Read more
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