Investing.com - AVROBIO reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
AVROBIO announced earnings per share of $-0.520 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-0.538 on revenue of $0.00.
AVROBIO shares are down 35% from the beginning of the year and are trading at $0.635 , down-from-52-week-high.
AVROBIO shares lost 3.77% in intra-day trade after the report.
AVROBIO follows other major Healthcare sector earnings this month
AVROBIO's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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