BAYRY Q3 Earnings and Revenues Miss Estimates, Pharma Performs Well
Bayer reported Q3 2026 core EPS of 11 cents, missing estimates of 13 cents, with a 36.7% year-over-year decline. Sales rose 4.1% to $11.57 billion but fell short of the $11.70 billion consensus. The Pharmaceuticals division drove growth with Nubeqa surging 58.3% and Kerendia jumping 64.9%, while Crop Science faced headwinds from weather and regulatory challenges. Bayer raised its 2026 EBITDA guidance, reflecting stronger pharmaceutical profitability.