Investing.com - Sartorius Stedim reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sartorius Stedim announced earnings per share of €1.64 on revenue of €655.2M. Analysts polled by Investing.com anticipated EPS of €1.45 on revenue of €579.00M.
Sartorius Stedim shares are up 32% from the beginning of the year and are trading at €384.70 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 9.31% from the start of the year.
Sartorius Stedim shares gained 0.26% in intra-day trade the report.
Sartorius Stedim follows other major Healthcare sector earnings this month
Sartorius Stedim's report follows an earnings missed by Nicox on Monday, who reported EPS of €-0.21 on revenue of €1.66M, compared to forecasts EPS of €-0.17 on revenue of €1.7M.
Genfit had missed expectations on April 1 with first quarter EPS of €-1.24 on revenue of €1.89M, compared to forecast for EPS of €-0.2066 on revenue of €2.7M.
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