Health and Healthcare

Teva Beats & Grows, Shares Off (TEVA)

Teva Pharmaceuticals (NASDAQ: TEVA) posted earnings at $0.69 EPS on revenues of $2.58 Billion; First Call had consensus at $0.66 EPS on $2.48 Billion in revenues.

There are some big numbers ahead for Teva if it sees approvals on its generics: Teva had 160 applications awaiting final FDA approval, and the brand names for the generic drugs had annual U.S. sales of some $101 Billion; it also noted that it was first-to-file on what would be some $40 Billion in annual U.S. brand drug sales.

Gross profit margin reached 52.3 percent in Q4-2007. As of December 31, 2007, Teva’s cash and equivalents were listed as $3.3 billion and shareholders equity reached $13.7 billion.  Teva also raised its dividend by about 12% to roughly $0.124 after currency conversions.

Its total shares outstanding were listed as 834 million shares, and it sees some 837 million shares being the "going forward" share count.

Jon C. Ogg
February 12, 2008

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.