Investing.com - BioLineRx reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that was in line with expectations.
BioLineRx announced earnings per share of $-0.010 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-0.160 on revenue of $0.
BioLineRx shares are down 66.67% from the beginning of the year, still down 77.48% from its 52 week high of $3.02 set on December 10, 2021.
BioLineRx shares lost 4.72% in intra-day trade following the report.
BioLineRx follows other major Healthcare sector earnings this month
BioLineRx's report follows an earnings beat by J&J on October 18, who reported EPS of $2.55 on revenue of $23.79B, compared to forecasts EPS of $2.48 on revenue of $23.36B.
Eli Lilly had beat expectations on November 1 with third quarter EPS of $1.98 on revenue of $6.94B, compared to forecast for EPS of $1.91 on revenue of $6.91B.
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