GSK Reports Earnings Wednesday. Here's What to Expect.

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GSK Reports Earnings Wednesday. Here's What to Expect.
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The company will for the first time report sales of Arexvy, its new RSV vaccine that launched this fall.

The U.K. drugmaker GSK reports earnings Wednesday, in the midst of what’s been a perilous season for pharmaceutical results.

GSK’s American depositary receipt has outperformed many of its pharma peers so far this year. Putting aside Eli Lilly and Novo Nordisk —whose new anti-obesity medicines have driven dramatic spikes in their share prices—GSK is among the best performers of the group. The GSK American depositary receipt is up roughly 1% so far this year, while the S&P 500 Pharmaceuticals industry index has fallen 7%.

GSK will for the first time report sales of Arexvy, its new respiratory syncytial virus vaccine that launched this fall. The company expects the drug to grow into a megablockbuster. It competes with a similar shot from Pfizer, which also launched this year.

 

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