In This Article:
Organon (NYSE:OGN) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$1.58b (up 4.1% from 3Q 2023).
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Net income: US$359.0m (up by US$301.0m from 3Q 2023).
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Profit margin: 23% (up from 3.8% in 3Q 2023). The increase in margin was primarily driven by lower expenses.
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EPS: US$1.39 (up from US$0.23 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Organon Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 10% growth forecast for the Pharmaceuticals industry in the US.
Performance of the American Pharmaceuticals industry.
The company's shares are up 9.4% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Organon (of which 2 can't be ignored!) you should know about.
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