Biogen Earnings, Revenue Beat in Q3 By Investing.com


© Reuters. Biogen Earnings, Revenue Beat in Q3

Investing.com – Biogen (NASDAQ:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that topped expectations.

Biogen announced earnings per share of $4.77 on revenue of $2.51. Analysts polled by Investing.com anticipated EPS of $4.14 on revenue of $2.47B.

Biogen shares are down 13.16% from the beginning of the year, still down 3.50% from its 52 week high of $284.59 set on November 5, 2021.

Biogen follows other major Healthcare sector earnings this month

Biogen’s report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.

J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Be the first to comment

Leave a Reply

Your email address will not be published.


*