Report
Michael Waterhouse
EUR 101.80 For Business Accounts Only

Teva faces generic industry competition pressure, generic Copaxone risk, and financial leverage.

Teva Pharmaceutical continues to face significant challenges in both its generics and branded drug operations. The generics segment faced significantly more margin erosion than we anticipated, thanks to ongoing pricing pressure in the U.S. market from new entrants, increased customer buying power, and competition on key products. As a result, management once again lowered its year-end outlook to $3.77-$3.87 in adjusted earnings per share (below our estimate of $4.06). We plan to revisit our assu...
Underlying
Teva Pharmaceutical Industries Limited Sponsored ADR

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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We have operations in 27 countries.

Analysts
Michael Waterhouse

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