Investing.com - Morphosys AG reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Morphosys AG announced earnings per share of €-3.59 on revenue of €41.5M. Analysts polled by Investing.com anticipated EPS of €-3.28 on revenue of €42.2M.
Morphosys AG shares are down 41% from the beginning of the year and are trading at €19.460 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 9.52% 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 Siemens Healthineers on Wednesday, who reported EPS of €0.67 on revenue of €5.46B, compared to forecasts EPS of €0.5417 on revenue of €4.98B.
Sartorius AG VZO had beat expectations on April 21 with first quarter EPS of €2.44 on revenue of €1.02B, compared to forecast for EPS of €2.26 on revenue of €955.09M.
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