Investing.com - Owens&Minor reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Owens&Minor announced earnings per share of $0.41 on revenue of $2.5B. Analysts polled by Investing.com anticipated EPS of $0.53 on revenue of $2.44B.
Owens&Minor shares are down 24.15% from the beginning of the year, still down 64.26% from its 52 week high of $49.11 set on January 12.
Owens&Minor follows other major Healthcare sector earnings this month
Owens&Minor'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.
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