Investing.com - Burning Rock reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Burning Rock announced earnings per share of ¥-2.23 on revenue of ¥154.63M. Analysts polled by Investing.com anticipated EPS of ¥-1.78 on revenue of ¥156M.
Burning Rock shares are down 76% from the beginning of the year, still down 87.09% from its 52 week high of ¥17.67 set on November 22, 2021.
Burning Rock follows other major Healthcare sector earnings this month
Burning Rock'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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