CANONSBURG, Pa. (AP) _ Viatris Inc (VTRS) on Monday reported third-quarter net income of $354.3 million.
The Canonsburg, Pennsylvania-based company said it had net income of 29 cents per share. Earnings, adjusted for one-time gains and costs, were 86 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.
The generic drugmaker posted revenue of $4.08 billion in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $4.14 billion.
Viatris expects full-year revenue in the range of $16.2 billion to $16.7 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VTRS at https://www.zacks.com/ap/VTRS
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