GSK Stock Rises 4% After Q2 Beat and $2.5 Billion Savings Plan

NewsTue, 28 Jul 2026 11:40:21 UTC4 hours ago
GSK Stock Rises 4% After Q2 Beat and $2.5 Billion Savings Plan

TLDR

  • GSK Q2 turnover hit £8.41 billion, beating the £8.24 billion analyst consensus
  • Core EPS of 50.5 pence topped the 47.1 pence forecast
  • Specialty Medicines rose 14%, Vaccines up 8%; General Medicines fell 9%
  • GSK launched a £1.9 billion ($2.52 billion) three-year cost-savings program
  • Full-year 2026 guidance reaffirmed, with turnover growth expected at the upper half of 3%–5%

GSK stock climbed 4.2% on Tuesday after the British drugmaker reported second-quarter results that beat analyst expectations across the board and announced a major cost-cutting plan.



GSK plc, GSK

Q2 turnover came in at £8.41 billion, ahead of the £8.24 billion consensus. Core operating profit was £2.80 billion versus the £2.68 billion forecast.

Core profit before tax hit £2.68 billion, topping the £2.52 billion estimate. Core EPS of 50.5 pence beat the 47.1 pence consensus.

Read from Source · coincentral.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (coincentral.com).

Related