Investing.com - Bristol-Myers Squibb (NYSE:BMY) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.94 on revenue of $5.97B. Analysts polled by Investing.com forecast EPS of $0.84 on revenue of $5.94B. That compared to EPS of $0.68 on revenue of $5.45B in the same period a year earlier. The company had reported EPS of $1.09 on revenue of $5.69B in the previous quarter.
For the year, Bristol-Myers Squibb shares are down 3.89%, under-performing the S&P 500 which is up 6.93% year to date.
Bristol-Myers Squibb follows other major Healthcare sector earnings this month
On Tuesday, J&J reported fourth quarter EPS of $1.97 on revenue of $20.39B, compared to forecasts of EPS of $1.95 on revenue of $20.2B.
Abbott Labs earnings matched analyst's expectations on Wednesday, with fourth quarter EPS of $0.81 on revenue of $7.77B. Investing.com analysts expected EPS of $0.81 on revenue of $7.81B
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