Novo Nordisk: Q4 Earnings Snapshot

BAGSVAERD, Denmark (AP) — BAGSVAERD, Denmark (AP) — Novo Nordisk A/S (NVO) on Wednesday reported fourth-quarter net income of $3.17 billion.

The Bagsvaerd, Denmark-based company said it had net income of 71 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.

The drugmaker posted revenue of $9.51 billion in the period.

For the year, the company reported profit of $12.14 billion, or $2.70 per share. Revenue was reported as $33.71 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 NVO at https://www.zacks.com/ap/NVO