Investing.com - Mirum Pharmaceuticals (NASDAQ:MIRM) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Mirum Pharmaceuticals announced earnings per share of $-1.02 on revenue of $18.78M. Analysts polled by Investing.com anticipated EPS of $-1.05 on revenue of $20.32M.
Mirum Pharmaceuticals shares are down 0.45% from the beginning of the year, still down 33.97% from its 52 week high of $30.55 set on August 8.
Mirum Pharmaceuticals shares lost 15.75% in intra-day trade following the report.
Mirum Pharmaceuticals follows other major Healthcare sector earnings this month
Mirum Pharmaceuticals'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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