Investing.com - Ipsen reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Ipsen announced earnings per share of €4.59 on revenue of €745.8M. Analysts polled by Investing.com anticipated EPS of €4.87 on revenue of €693.05M.
Ipsen shares are down 25% from the beginning of the year and are trading at €104.50 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 10.64% from the start of the year.
Ipsen follows other major Healthcare sector earnings this month
Ipsen's report follows an earnings beat by Sanofi on Thursday, who reported EPS of €1.73 on revenue of €10.12B, compared to forecasts EPS of €1.64 on revenue of €9.89B.
Sartorius Stedim had missed expectations on Thursday, July 21, 2022 with second quarter EPS of €2.19 on revenue of €861.8M, compared to forecast for EPS of €2.87 on revenue of €854.7M.
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