07:41 AM EDT, 08/08/2024 (MT Newswires) -- Viatris ( VTRS ) reported Q2 adjusted earnings Thursday of $0.69 per share, down from $0.75 a year earlier.

Analysts polled by Capital IQ expected $0.68.

Total revenue for the quarter ended June 30 was $3.80 billion, down from $3.92 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.74 billion.

For the full-year 2024, the company said it now expects adjusted EPS in the range of $2.58 to $2.73, down from its prior outlook of $2.66 to $2.81. Analysts polled by Capital IQ expect $2.73.

Total revenue for the year is now expected to be between $14.60 billion to $15.10 billion, down from its prior outlook of $14.98 billion to $15.48 billion. Analysts surveyed by Capital IQ expect $14.92 billion.

Shares of the company were up nearly 3% in recent Thursday premarket activity.

Price: 11.69, Change: +0.33, Percent Change: +2.90