Investing.com - Bayer (ETR:BAYGN) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Bayer announced earnings per share of €1.93 on revenue of €12.82B. Analysts polled by Investing.com anticipated EPS of €1.9 on revenue of €12.33B.
Bayer shares are up 22% from the beginning of the year and are trading at €57.56 , down-from-52-week-high.They are outperforming the S&P Global 100 which is down 10.96% from the start of the year.
Bayer shares lost 2.04% in intra-day trade following the report.
Bayer follows other major Healthcare sector earnings this month
Bayer's report follows an earnings missed by Siemens Healthineers on Wednesday, who reported EPS of €0.43 on revenue of €5.19B, compared to forecasts EPS of €0.4789 on revenue of €5.05B.
Sartorius AG VZO had matched expectations on Thursday, July 21, 2022 with second quarter EPS of €2.44 on revenue of €1.04B, compared to forecast for EPS of €2.44 on revenue of €1.04B.
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