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Novo Nordisk Expected to Raise Full-Year Guidance on Strong Q3 Results

J.P. Morgan analysts anticipate Novo Nordisk will report strong third-quarter results and subsequently raise its full-year guidance. The bank forecasts adjusted sales of 76 billion Danish kroner, exceeding Bloomberg consensus by 4%. Injectable Wegovy sales are projected to reach 21.5 billion kroner, 9% above consensus.

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J. P. Morgan analysts said Novo Nordisk will likely report strong third-quarter results and raise full-year guidance. 5 billion kroner, 9% above consensus.