Investing.com - AstraZeneca (NASDAQ:AZN) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AstraZeneca announced earnings per share of $1.89 on revenue of $11.39B. Analysts polled by Investing.com anticipated EPS of $1.65 on revenue of $10.74B.
AstraZeneca shares are up 22% from the beginning of the year and are trading at $10,618.0 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 7.45% from the start of the year.
AstraZeneca shares gained 0.53% in intra-day trade the report.
AstraZeneca follows other major Healthcare sector earnings this month
AstraZeneca's report follows an earnings beat by GlaxoSmithKline on Wednesday, who reported EPS of $0.328 on revenue of $9.78B, compared to forecasts EPS of $0.2902 on revenue of $8.95B.
Oxford BioMedica had missed expectations on April 20 with first quarter EPS of $0.01 on revenue of $61.55M, compared to forecast for EPS of $7.80 on revenue of $77.28M.
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