Investing.com - Mesoblast (NASDAQ:MESO) reported on Monday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Mesoblast announced earnings per share of $-0.155 on revenue of $8.23M. Analysts polled by Investing.com anticipated EPS of $-0.0975 on revenue of $17.71M.
Mesoblast shares are down 13.78% from the beginning of the year, still down 62.61% from its 52 week high of $19.58 set on September 1, 2020. They are under-performing the Nasdaq which is up 18.45% from the start of the year.
Mesoblast follows other major Healthcare sector earnings this month
Mesoblast's report follows an earnings missed by Eli Lilly on August 3, who reported EPS of $1.87 on revenue of $6.74B, compared to forecasts EPS of $1.89 on revenue of $6.6B.
Novo Nordisk ADR had beat expectations on August 4 with second quarter EPS of $0.8379 on revenue of $5.26B, compared to forecast for EPS of $0.7823 on revenue of $5.16B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar