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Benzinga
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Novo Nordisk Q4 Earnings: Wegovy Sales More Than Double, Seeks Regulatory Approval For Hybrid Weight Loss Drug In 2026

1. Novo Nordisk's Q4 2024 sales hit $12.25 billion, exceeding expectations. 2. Obesity care sales soared 91%, indicating strong market growth. 3. EPS rose 29% to $0.91, surpassing the consensus estimate. 4. Novo Nordisk plans Phase 3 trials for CagriSema in 2025. 5. Sales growth forecast for 2025 is 16% to 24%, below 2024 growth.

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Why Very Bullish?

Strong sales and earnings beat typically drive stock prices higher, similar to past earnings reports from NVO.

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The article details significant financial performance and strategic plans that directly impact NVO's valuation.

Why Short Term?

Immediate market reaction to strong earnings can influence stock prices in the near term.

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