Investing.com - BeiGene reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BeiGene announced earnings per share of $-0.33 on revenue of $65.64M. Analysts polled by Investing.com anticipated EPS of $-4.78 on revenue of $64.76M.
BeiGene shares are up 35.17% from the beginning of the year and are trading at $224.06 , down-from-52-week-high.They are outperforming the Nasdaq which is up 23.8% from the start of the year.
BeiGene follows other major Healthcare sector earnings this month
BeiGene's report follows an earnings beat by J&J on Thursday, July 16, 2020, who reported EPS of $1.67 on revenue of $18.34B, compared to forecasts EPS of $1.49 on revenue of $17.61B.
Roche Holding ADR had beat expectations on Thursday, July 23, 2020 with second quarter EPS of $1.45 on revenue of $15.27B, compared to forecast for EPS of $1.42 on revenue of $15.43B.
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