Dr Reddy's Laboratories Ltd ADR
RDY: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.%! | LOCK|>g? | LOCK|Jb$@^v |
Dr. Reddy's Earnings: Reduced Lenalidomide Sales and Semaglutide Challenge Mark a Weak Start to Year
Dr. Reddy's delivered a 6% decline in revenue, missing FactSet consensus by a low-single-digit percentage, and a 56% decline in EBITDA during the first fiscal quarter. Shares were down 7% in early trading July 22 on the news.
