Investing.com - Apollo Medical reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Apollo Medical announced earnings per share of $0.56 on revenue of $317M. Analysts polled by Investing.com anticipated EPS of $0.44 on revenue of $301.88M.
Apollo Medical shares are down 54% from the beginning of the year and are trading at $33.23 , down-from-52-week-high.
Apollo Medical follows other major Healthcare sector earnings this month
Apollo Medical's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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