Investing.com - Vertex (NASDAQ:VRTX) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Vertex announced earnings per share of $2.61 on revenue of $1.52B. Analysts polled by Investing.com anticipated EPS of $2.09 on revenue of $1.39B.
Vertex shares are up 27% from the beginning of the year and are trading at $279.35 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 22.7% from the start of the year.
Vertex follows other major Healthcare sector earnings this month
Vertex'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 $15.69B.
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