Investing.com - Beam reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Beam announced earnings per share of $-1.56 on revenue of $15.8M. Analysts polled by Investing.com anticipated EPS of $-1.28 on revenue of $7.15M.
Beam shares are down 46% from the beginning of the year, still down 57.23% from its 52 week high of $100.06 set on November 9, 2021.
Beam follows other major Healthcare sector earnings this month
Beam'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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