Regeneron Pharma Earnings, Revenue Beat in Q1 -Breaking
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© Reuters. Regeneron Pharma Earnings, Revenue Beat in Q1On Wednesday, Regeneron Pharma reported that the first quarter beat analyst forecasts with a revenue surpassing expectations.
Regeneron Pharma posted earnings per share in the range of $11.49 to $2.97B on revenues. Investing.com polled analysts and predicted an EPS of $9.72 for revenue of $2.69B.
Regeneron Pharma shares fell 33.79% over the first of the year. They are also down 11.63% from their 52 week high, $747.42 which was set April 8. The Nasdaq is performing worse than Regeneron Pharma shares, which are down 19.69% since the beginning of the year.
Regeneron Pharma’s earnings are in line with other healthcare sector leaders this month
Regeneron Pharma’s report follows an earnings beat by J&J on April 19, who reported EPS of $2.67 on revenue of $23.43B, compared to forecasts EPS of $2.59 on revenue of $23.62B.
UnitedHealth beat all expectations with a first quarter earnings per share of $5.49 on $80.15B in revenue, as compared to EPS forecasts of $5.36 for $78.73B.
Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar
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