JERUSALEM, July 30 (Reuters) - Teva Pharmaceutical
Industries reported a higher than expected rise in
second-quarter profit, helped by strong sales gains of its
branded drugs to treat migraines, Huntington's disease and
schizophrenia.
The world's largest generic drugmaker said on
Wednesday it earned 66 cents per diluted share, excluding
one-time items, in the April-June quarter, up from 61 cents a
share a year earlier. Revenue was flat in dollar terms at $4.18
billion.
Analysts had forecast earnings of 62 cents per share
ex-items for the Israel-based company on revenue of $4.28
billion, LSEG I/B/E/S data showed.
Teva largely reaffirmed its 2025 estimates but revised its
adjusted EPS forecast to $2.50-$2.65 from $2.45-$2.65.