Investing.com - Freeline reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Freeline announced earnings per share of $-0.260 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-0.435 on revenue of $0.00.
Freeline shares are down 66% from the beginning of the year and are trading at $0.672 , down-from-52-week-high.
Freeline shares lost 4.00% in intra-day trade the report.
Freeline follows other major Healthcare sector earnings this month
Freeline's report follows an earnings beat by J&J on October 18, who reported EPS of $2.55 on revenue of $23.79B, compared to forecasts EPS of $2.48 on revenue of $23.36B.
Eli Lilly had beat expectations on November 1 with third quarter EPS of $1.98 on revenue of $6.94B, compared to forecast for EPS of $1.91 on revenue of $6.91B.
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