Novo Nordisk: Q2 Earnings Snapshot

Novo Nordisk: Q2 Earnings Snapshot

Summary : BAGSVAERD, Denmark (AP) _ Novo Nordisk A/S (NVO) on Wednesday reported second-quarter profit of $1.91 billion.

On a per-share basis, the Bagsvaerd, Denmark-based company said it had profit of 84 cents. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.

BAGSVAERD, Denmark (AP) _ Novo Nordisk A/S (NVO) on Wednesday reported second-quarter profit of $1.91 billion.

On a per-share basis, the Bagsvaerd, Denmark-based company said it had profit of 84 cents.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.

The drugmaker posted revenue of $5.91 billion in the period.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVO at https://www.zacks.com/ap/NVO