Investing.com - Grifols reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Grifols announced earnings per share of €0.2101 on revenue of €1.31B. Analysts polled by Investing.com anticipated EPS of €0.1798 on revenue of €1.32B.
Grifols shares are up 4% from the beginning of the year, still down 38.74% from its 52 week high of €33.89 set on April 22, 2020. They are outperforming the S&P Global 100 which is up 2.18% from the start of the year.
Grifols shares lost 5.51% in intra-day trade following the report.
Grifols follows other major Healthcare sector earnings this month
Grifols's report follows an earnings beat by Grifols Pref on Friday, who reported EPS of €0.2101 on revenue of €1.31B, compared to forecasts EPS of €0.1798 on revenue of €1.32B.
Almirall had missed expectations on Monday with fourth quarter EPS of €0.12 on revenue of €193.7M, compared to forecast for EPS of €0.1337 on revenue of €201M.
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