Collplant ADR Earnings, Revenue Miss in Q3 By Investing.com

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Collplant ADR Earnings, Revenue Miss in Q3

Published Nov 18, 2021 01:23PM ET

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Investing.com - Collplant ADR reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Collplant ADR announced earnings per share of $-0.29 on revenue of $140K. Analysts polled by Investing.com anticipated EPS of $-0.28 on revenue of $3.38M.

Collplant ADR shares are up 8.69% from the beginning of the year, still down 22.26% from its 52 week high of $24.26 set on February 11. They are under-performing the Nasdaq which is up 23.91% from the start of the year.

Collplant ADR shares lost 7.40% in intra-day trade following the report.

Collplant ADR follows other major Healthcare sector earnings this month

Collplant ADR's report follows an earnings beat by Pfizer on November 2, who reported EPS of $1.34 on revenue of $24.09B, compared to forecasts EPS of $1.08 on revenue of $22.58B.

Novo Nordisk ADR had beat expectations on November 3 with third quarter EPS of $0.8209 on revenue of $5.55B, compared to forecast for EPS of $0.7768 on revenue of $5.39B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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