Brokerages Expect Sanofi SA (SNY) Will Post Earnings of $0.68 Per Share
Equities research analysts forecast that Sanofi SA (NYSE:SNY) will report earnings of $0.68 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Sanofi’s earnings. The highest EPS estimate is $0.71 and the lowest is $0.66. Sanofi posted earnings of $0.67 per share during the same quarter last year, which would suggest a positive year over year growth rate of 1.5%. The firm is expected to announce its next quarterly earnings report before the market opens on Wednesday, February 7th.
According to Zacks, analysts expect that Sanofi will report full-year earnings of $3.34 per share for the current year, with EPS estimates ranging from $3.18 to $3.45. For the next financial year, analysts anticipate that the company will post earnings of $3.42 per share, with EPS estimates ranging from $3.24 to $3.66. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Sanofi.
Sanofi (NYSE:SNY) last posted its earnings results on Thursday, November 2nd. The company reported $1.00 EPS for the quarter, meeting the consensus estimate of $1.00. The firm had revenue of $10.63 billion during the quarter, compared to the consensus estimate of $10.93 billion. Sanofi had a return on equity of 25.19% and a net margin of 25.44%.
Several hedge funds have recently modified their holdings of SNY. Southpoint Capital Advisors LP acquired a new stake in shares of Sanofi in the second quarter valued at about $57,492,000. BlackRock Inc. grew its stake in Sanofi by 47.6% during the second quarter. BlackRock Inc. now owns 2,235,422 shares of the company’s stock worth $107,100,000 after purchasing an additional 720,523 shares during the period. Boston Partners grew its stake in Sanofi by 6.2% during the third quarter. Boston Partners now owns 8,664,983 shares of the company’s stock worth $431,429,000 after purchasing an additional 503,799 shares during the period. Janus Henderson Group PLC acquired a new stake in Sanofi during the second quarter worth approximately $22,558,000. Finally, Fisher Asset Management LLC grew its stake in Sanofi by 3.3% during the third quarter. Fisher Asset Management LLC now owns 14,082,257 shares of the company’s stock worth $701,156,000 after purchasing an additional 443,799 shares during the period. 9.08% of the stock is owned by institutional investors.
Sanofi (NYSE:SNY) traded up $0.09 during trading on Friday, reaching $44.60. The company’s stock had a trading volume of 1,897,864 shares, compared to its average volume of 1,290,000. The company has a quick ratio of 1.16, a current ratio of 1.59 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $112,600.00, a P/E ratio of 20.18, a PEG ratio of 2.43 and a beta of 0.86. Sanofi has a 1 year low of $39.42 and a 1 year high of $50.65.
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Sanofi is a healthcare company, focused on patient needs and engaged in the research, development, manufacture and marketing of therapeutic solutions. The Company’s segments are Pharmaceuticals, Human Vaccines (Vaccines), and Other. The Pharmaceuticals segment comprises the commercial operations of various franchises, including Speciality Care (Rare Diseases, Multiple Sclerosis, and Oncology), Diabetes and Cardiovascular, Established Prescription Products, Consumer Healthcare and Generics, and research and development, production and marketing activities for all of the Company’s pharmaceuticals operations.
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