LONDON (AP) — LONDON (AP) — GSK plc (GSK) on Wednesday reported first-quarter earnings of $2.04 billion.
The London-based company said it had profit of $1 per share. Earnings, adjusted for one-time gains and costs, were $1.13 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.
The drug developer posted revenue of $9.46 billion in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $9.54 billion.
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