Investing.com - Invacare (NYSE:IVC) reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Invacare announced earnings per share of $-0.861 on revenue of $170.41M. Analysts polled by Investing.com anticipated EPS of $-0.370 on revenue of $197.29M.
Invacare shares are up 100% from the beginning of the year, still down 85.90% from its 52 week high of $4.68 set on November 10, 2021.
Invacare follows other major Healthcare sector earnings this month
Invacare's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.89B, 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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