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Teva Tops Q3 Views, Lifts Austedo Outlook as It Narrows Full-Year Sales Range

Stronger results prompted a premarket surge that underscored investor focus on Austedo’s momentum.

Overview

  • Teva reported adjusted third-quarter earnings of $0.78 per share on $4.48 billion in revenue, beating FactSet estimates of $0.68 and $4.38 billion.
  • The company raised its 2025 sales guidance for Austedo to $2.05 billion–$2.15 billion, citing robust demand for the movement‑disorders therapy.
  • Teva trimmed the low end of its full‑year revenue outlook to a range of $16.8 billion–$17.0 billion, reshaping the company‑level sales guide.
  • Management increased full‑year adjusted EPS guidance to $2.55–$2.65, aligning closely with analysts’ $2.61 consensus.
  • Shares jumped about 12% in premarket trading to $22.91, with MarketSurge flagging a breakout from a cup‑with‑handle base.