Investing.com - Grifols ADR reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Grifols ADR announced earnings per share of $0.2536 on revenue of $1.59B. Analysts polled by Investing.com anticipated EPS of $0.218 on revenue of $1.6B.
Grifols ADR shares are down 16.59% from the beginning of the year, still down 37.43% from its 52 week high of $24.58 set on February 26, 2020. They are under-performing the Nasdaq which is up 2.72% from the start of the year.
Grifols ADR shares lost 6.05% in intra-day trade following the report.
Grifols ADR follows other major sector earnings this month
Grifols ADR's report follows an earnings beat by Ping An Insurance Company of China on February 3, who reported EPS of $0.6308 on revenue of $26.15B, compared to forecasts EPS of $0.6304 on revenue of $24.08B.
SoftBank Group had beat expectations on February 8 with fourth quarter EPS of $2.97 on revenue of $14.41B, compared to forecast for EPS of $0.0374 on revenue of $12.93B.
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