Investing.com - Viatris reported on Monday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Viatris announced earnings per share of $0.33 on revenue of $4.19B. Analysts polled by Investing.com anticipated EPS of $0.8342 on revenue of $4.25B.
Viatris shares are down 26.46% from the beginning of the year and are trading at $9.95 , down-from-52-week-high.They are under-performing the Nasdaq which is down 22.37% from the start of the year.
Viatris follows other major Healthcare sector earnings this month
Viatris's report follows an earnings beat by UnitedHealth on Thursday, April 14, 2022, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.36 on revenue of $78.73B.
J&J had beat expectations on Tuesday, April 19, 2022 with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.62B.
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