Viatris' first-quarter results were below expectations, with revenues and profits falling

Viatris' first-quarter earnings report disappointed analysts. According to the report, earnings per share were $0.19 and revenue was $3.73 billion. Those numbers fell short of forecasts made by analysts who had expected $0.69 in earnings per share and $3.8 billion in total revenue, according to a survey conducted by Investing.com. Viatris shares have performed worse than the S&P 500 average this year, falling 16% while the index is up 7% year-to-date. Viatris follows the general trend of healthcare companies, with UnitedHealth reporting $91.9 billion in revenue and $6.26 per share, beating analysts' forecasts, while J&J also beat expectations at $24.7 billion. dollars and earnings per share of $2.68 in the first quarter.