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Exploring Analyst Estimates for Novartis (NVS) Q1 Earnings, Beyond Revenue and EPS

Analysts on Wall Street project that Novartis (NVS) will announce quarterly earnings of $1.73 per share in its forthcoming report, representing an increase of 1.2% year over year. Revenues are projected to reach $11.5 billion, declining 11.2% from the same quarter last year.

The consensus EPS estimate for the quarter has undergone a downward revision of 1.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

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That said, let's delve into the average estimates of some Novartis metrics that Wall Street analysts commonly model and monitor.

According to the collective judgment of analysts, 'Revenues- Established Brands- Afinitor/Votubia - Total' should come in at $83.83 million. The estimate points to a change of -23.8% from the year-ago quarter.

Analysts' assessment points toward 'Revenues- Net sales to third parties' reaching $11.47 billion. The estimate suggests a change of -11.4% year over year.

Analysts predict that the 'Revenues- Solid Tumors- Tafinlar + Mekinist - Total' will reach $491.41 million. The estimate suggests a change of +7.3% year over year.

Based on the collective assessment of analysts, 'Revenues- Hematology- Promacta/Revolade - Total' should arrive at $559.80 million. The estimate points to a change of +2.3% from the year-ago quarter.

The consensus among analysts is that 'Revenues- Hematology- Tasigna - US' will reach $191.80 million. The estimate points to a change of -9.1% from the year-ago quarter.

The collective assessment of analysts points to an estimated 'Revenues- Hematology- Promacta/Revolade - US' of $286.35 million. The estimate indicates a change of +3.4% from the prior-year quarter.

Analysts forecast 'Revenues- Neuroscience- Gilenya - US' to reach $47.13 million. The estimate indicates a change of -41.1% from the prior-year quarter.

The combined assessment of analysts suggests that 'Revenues- Immunology- Cosentyx - US' will likely reach $686.56 million. The estimate suggests a change of +30% year over year.

The average prediction of analysts places 'Revenues- Cardiovascular- Entresto - US' at $849.61 million. The estimate indicates a change of +20.7% from the prior-year quarter.

It is projected by analysts that the 'Revenues- Established Brands- Exforge Group - US' will reach $3.54 million. The estimate indicates a change of -11.6% from the prior-year quarter.

Analysts expect 'Revenues- Hematology- Tasigna - Rest of the world' to come in at $202.22 million. The estimate suggests a change of -19.4% year over year.

The consensus estimate for 'Revenues- Solid Tumors- Tafinlar + Mekinist - Rest of the world' stands at $277.64 million. The estimate indicates a change of +5.2% from the prior-year quarter.

View all Key Company Metrics for Novartis here>>>

Shares of Novartis have demonstrated returns of -3.1% over the past month compared to the Zacks S&P 500 composite's -1.7% change. With a Zacks Rank #3 (Hold), NVS is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

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