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GSK Raises Its Guidance For Everything Except Vaccines

 
• By Elizabeth Cairns

Second quarter revenues are up but RSV jab woes drag on the company’s stock.    

Covid booster vaccine

Beating forecasts and raising guidance is not always enough to please investors, and GSK plc is a case in point. Despite a broadly successful second quarter, the group’s stock dipped by 2% in early trade on 31 July.

Key Takeaways
  • GSK reported higher than expected Q2 revenues and raised its full-year guidance.

The reason lies in the company’s expectations for its vaccines business. GSK’s respiratory syncytial virus (RSV) vaccine Arexvy, which rapidly...

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