Investing.com - Morphosys AG reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Morphosys AG announced earnings per share of €-1.87 on revenue of €34.1M. Analysts polled by Investing.com anticipated EPS of €-1.95 on revenue of €33.75M.
Morphosys AG shares are down 50% from the beginning of the year and are trading at €46.840 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 16.28% from the start of the year.
Morphosys AG follows other major Healthcare sector earnings this month
Morphosys AG's report follows an earnings beat by Sartorius AG on July 21, who reported EPS of €2.02 on revenue of €838.1M, compared to forecasts EPS of €1.91 on revenue of €825.23M.
Sartorius AG VZO had beat expectations on July 21 with second quarter EPS of €2.02 on revenue of €838.1M, compared to forecast for EPS of €1.91 on revenue of €825.23M.
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