Investing.com - Fresenius Medical Care (NYSE:FMS) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fresenius Medical Care announced earnings per share of €0.68 on revenue of €4.55B. Analysts polled by Investing.com anticipated EPS of €0.6506 on revenue of €4.43B.
Fresenius Medical Care shares are down 56% from the beginning of the year, still down 18.47% from its 52 week high of €71.14 set on July 14, 2021. They are under-performing the STOXX 600 which is down 9.52% from the start of the year.
Fresenius Medical Care follows other major Healthcare sector earnings this month
Fresenius Medical Care's report follows an earnings beat by Siemens Healthineers on Wednesday, who reported EPS of €0.67 on revenue of €5.46B, compared to forecasts EPS of €0.5417 on revenue of €4.98B.
Sartorius AG VZO had beat expectations on April 21 with first quarter EPS of €2.44 on revenue of €1.02B, compared to forecast for EPS of €2.26 on revenue of €955.09M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar