Investing.com - Sanofi (EPA:SASY) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sanofi announced earnings per share of €1.94 on revenue of €10.05B. Analysts polled by Investing.com anticipated EPS of €1.77 on revenue of €9.48B.
Sanofi shares are up 15% from the beginning of the year and are trading at €102.48 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is down 11.69% from the start of the year.
Sanofi shares lost 0.83% in intra-day trade the report.
Sanofi follows other major Healthcare sector earnings this month
Sanofi's report follows an earnings missed by Sartorius Stedim on April 21, who reported EPS of €2.21 on revenue of €862.5M, compared to forecasts EPS of €2.51 on revenue of €790.85M.
Genfit had beat expectations on April 7 with first quarter EPS of €0.94 on revenue of €82.15M, compared to forecast for EPS of €-0.79 on revenue of €3.90M.
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