PARIS (AP) — PARIS (AP) — Sanofi (SNY) on Thursday reported fourth-quarter earnings of $728.6 million.
The company said it had net income of 29 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 70 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share.
The drugmaker posted revenue of $11.27 billion in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $11.39 billion.
For the year, the company reported profit of $6.22 billion, or $2.48 per share. Revenue was reported as $44.46 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNY at https://www.zacks.com/ap/SNY
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.