Investing.com - Bayer (DE:BAYGN) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Bayer announced earnings per share of €1.05 on revenue of €9.78B. Analysts polled by Investing.com anticipated EPS of €0.8831 on revenue of €9.21B.
Bayer shares are up 6% from the beginning of the year and are trading at €51.05 , down-from-52-week-high.They are under-performing the S&P Global 100 which is up 21.09% from the start of the year.
Bayer shares gained 1.79% in intra-day trade the report.
Bayer follows other major Healthcare sector earnings this month
Bayer's report follows an earnings missed by Siemens Healthineers on Thursday, who reported EPS of €0.53 on revenue of €5.16B, compared to forecasts EPS of €0.585 on revenue of €4.89B.
Fresenius SE had matched expectations on November 2 with third quarter EPS of €0.78 on revenue of €9.32B, compared to forecast for EPS of €0.78 on revenue of €9.32B.
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