Investing.com - Sanofi (PA:SASY) ADR reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sanofi ADR announced earnings per share of €1.28 on revenue of €8.21B. Analysts polled by Investing.com anticipated EPS of €0.69 on revenue of €9.71B.
Sanofi ADR shares are up 3.25% from the beginning of the year and are trading at €51.83 , down-from-52-week-high.They are under-performing the Nasdaq which is up 15.93% from the start of the year.
Sanofi ADR follows other major Healthcare sector earnings this month
Sanofi ADR's report follows an earnings beat by J&J on July 16, who reported EPS of €1.67 on revenue of €18.34B, compared to forecasts EPS of €1.49 on revenue of €17.61B.
Roche Holding ADR had beat expectations on July 23 with second quarter EPS of €1.45 on revenue of €15.27B, compared to forecast for EPS of €1.42 on revenue of €15.69B.
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