Investing.com - Avanos Medical reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Avanos Medical announced earnings per share of $0.33 on revenue of $202.1M. Analysts polled by Investing.com anticipated EPS of $0.36 on revenue of $205.63M.
Avanos Medical shares are down 34.38% from the beginning of the year and are trading at $22.75 , down-from-52-week-high.
Avanos Medical follows other major Healthcare sector earnings this month
Avanos 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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