BRENTFORD, Britain (AP) — BRENTFORD, Britain (AP) — GSK plc (GSK) on Wednesday reported a loss of $75.4 million in its third quarter.
The Brentford, Britain-based company said it had a loss of 4 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, were $1.27 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share.
The drug developer posted revenue of $10.42 billion in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $10.65 billion.
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