Investing.com - Hutchison China MediTech (NASDAQ:HCM) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Hutchison China MediTech announced earnings per share of $-0.36 on revenue of $106.8M. Analysts polled by Investing.com anticipated EPS of $-0.32 on revenue of $57.33M.
Hutchison China MediTech shares are up 11.05% from the beginning of the year , still down 6.95% from its 52 week high of $29.92 set on January 21. They are under-performing the Nasdaq which is up 17.5% from the start of the year.
Hutchison China MediTech follows other major sector earnings this month
Hutchison China MediTech's report follows an earnings missed by Iberdrola SA on July 22, who reported EPS of $0.42 on revenue of $8.16B, compared to forecasts EPS of $0.46 on revenue of $9.73B.
Atlas Copco ADR had beat expectations on July 16 with second quarter EPS of $0.28 on revenue of $2.67B, compared to forecast for EPS of $0.24 on revenue of $2.34B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar