Investing.com - Fresenius SE (DE:FREG) reported on Friday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Fresenius SE announced earnings per share of €0.78 on revenue of €8.98B. Analysts polled by Investing.com anticipated EPS of €0.7921 on revenue of €8.93B.
Fresenius SE shares are up 9% from the beginning of the year, still down 11.06% from its 52 week high of €46.51 set on June 24, 2020. They are under-performing the STOXX 600 which is up 10.97% from the start of the year.
Fresenius SE shares lost 0.31% in intra-day trade following the report.
Fresenius SE follows other major Healthcare sector earnings this month
Fresenius SE's report follows an earnings missed by Siemens Healthineers on Monday, who reported EPS of €0.44 on revenue of €3.97B, compared to forecasts EPS of €0.4647 on revenue of €3.9B.
Fresenius Medical Care had beat expectations on Thursday with first quarter EPS of €0.85 on revenue of €4.21B, compared to forecast for EPS of €0.7776 on revenue of €4.33B.
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