Investing.com - Fresenius SE (DE:FREG) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Fresenius SE announced earnings per share of €0.77 on revenue of €8.92B. Analysts polled by Investing.com anticipated EPS of €0.76 on revenue of €8.98B.
Fresenius SE shares are down 36% from the beginning of the year, still down 38.39% from its 52 week high of €51.54 set on February 20. They are under-performing the DAX which is down 12.99% from the start of the year.
Fresenius SE shares gained 0.83% in intra-day trade following the report.
Fresenius SE follows other major Healthcare sector earnings this month
Fresenius SE's report follows an earnings beat by Fresenius ST on Friday, who reported EPS of €1.21 on revenue of €4.41B, compared to forecasts EPS of €1.14 on revenue of €4.56B.
Qiagen had beat expectations on Tuesday with third quarter EPS of €0.49 on revenue of €408.86M, compared to forecast for EPS of €0.47 on revenue of €392.9M.
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