Investing.com - Galapagos ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Galapagos ADR announced earnings per share of $-0.49 on revenue of $274M. Analysts polled by Investing.com anticipated EPS of $-0.6808 on revenue of $128.39M.
Galapagos ADR shares are down 4.04% from the beginning of the year and are trading at $52.90 , down-from-52-week-high.They are outperforming the Nasdaq which is down 18.69% from the start of the year.
Galapagos ADR follows other major Healthcare sector earnings this month
Galapagos ADR's report follows an earnings beat by UnitedHealth on July 15, who reported EPS of $5.57 on revenue of $80.33B, compared to forecasts EPS of $5.21 on revenue of $79.68B.
J&J had beat expectations on July 19 with second quarter EPS of $2.59 on revenue of $24.02B, compared to forecast for EPS of $2.54 on revenue of $23.77B.
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