Investing.com - Fresenius ST (DE:FMEG) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Fresenius ST announced earnings per share of €1.21 on revenue of €4.41B. Analysts polled by Investing.com anticipated EPS of €1.14 on revenue of €4.56B.
Fresenius ST shares are up 37% from the beginning of the year and are trading at €66.210 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 17.81% from the start of the year.
Fresenius ST follows other major Healthcare sector earnings this month
Fresenius ST's report follows an earnings beat by Qiagen on Tuesday, who reported EPS of €0.49 on revenue of €408.86M, compared to forecasts EPS of €0.47 on revenue of €392.9M.
Biofrontera AG had matched expectations on Friday, October 9, 2020 with third quarter EPS of €-0.11 on revenue of €5.19M, compared to forecast for EPS of €-0.11 on revenue of €5.19M.
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