Investing.com - Sanofi (PA:SASY) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sanofi announced earnings per share of €2.18 on revenue of €10.43B. Analysts polled by Investing.com anticipated EPS of €1.98 on revenue of €10.36B.
Sanofi shares are up 41% from the beginning of the year and are trading at €86.12 , down-from-52-week-high.They are outperforming the AEX which is up 30.35% from the start of the year.
Sanofi shares gained 0.41% in intra-day trade the report.
Sanofi follows other major Healthcare sector earnings this month
Sanofi's report follows an earnings beat by Sartorius Stedim on October 20, who reported EPS of €2.03 on revenue of €757M, compared to forecasts EPS of €1.88 on revenue of €729.5M.
DBV Technologies had beat expectations on Tuesday with third quarter EPS of €-0.3794 on revenue of €1.14M, compared to forecast for EPS of €-0.8441 on revenue of €2.93M.
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