Investing.com - Kalvista Pharma reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Kalvista Pharma announced earnings per share of $-0.94 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-1.04 on revenue of $0.00.
Kalvista Pharma shares are up 20% from the beginning of the year and are trading at $15.92 , down-from-52-week-high.They are outperforming the Nasdaq which is down 24.49% from the start of the year.
Kalvista Pharma shares gained 1.73% in intra-day trade the report.
Kalvista Pharma follows other major Healthcare sector earnings this month
Kalvista Pharma's report follows an earnings beat by Medtronic on August 23, who reported EPS of $1.13 on revenue of $7.37B, compared to forecasts EPS of $1.12 on revenue of $7.22B.
Agilent Technologies had beat expectations on August 16 with third quarter EPS of $1.34 on revenue of $1.72B, compared to forecast for EPS of $1.2 on revenue of $1.64B.
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