Investing.com - Intercept reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Intercept announced earnings per share of $-3.04 on revenue of $77.6M. Analysts polled by Investing.com anticipated EPS of $-0.82 on revenue of $73.74M.
Intercept shares are down 4% from the beginning of the year, still down 34.73% from its 52 week high of $21.25 set on August 19.
Intercept follows other major Healthcare sector earnings this month
Intercept's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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