Investing.com - Sartorius Stedim reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sartorius Stedim announced earnings per share of €2.03 on revenue of €757M. Analysts polled by Investing.com anticipated EPS of €1.88 on revenue of €719.63M.
Sartorius Stedim shares are up 68% from the beginning of the year and are trading at €456.50 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is up 17.29% from the start of the year.
Sartorius Stedim shares lost 3.14% in intra-day trade following the report.
Sartorius Stedim follows other major Healthcare sector earnings this month
Sartorius Stedim's report follows an earnings missed by Poxel SA on Thursday, September 23, 2021, who reported EPS of €-0.28 on revenue of €13.27M, compared to forecasts EPS of €-0.21 on revenue of €13.80M.
Sensorion SA had beat expectations on Monday, September 27, 2021 with third quarter EPS of €-0.08 on revenue of €1.6M, compared to forecast for EPS of €-0.13 on revenue of €2M.
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