Investing.com - Sanofi (EPA:SASY) ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sanofi ADR announced earnings per share of €1.73 on revenue of €10.17B. Analysts polled by Investing.com anticipated EPS of €0.836 on revenue of €10.1B.
Sanofi ADR shares are up 1.64% from the beginning of the year and are trading at €50.92 , down-from-52-week-high.They are outperforming the Nasdaq which is down 23.09% 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 UnitedHealth on July 15, who reported EPS of €5.57 on revenue of €80.33B, compared to forecasts EPS of €5.21 on revenue of €79.68B.
J&J had beat expectations on July 19 with second quarter EPS of €2.59 on revenue of €24.02B, compared to forecast for EPS of €2.54 on revenue of €23.77B.
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